At closing bell, the benchmark S&P/ASX200 advanced by 36.77 points, or 0.5%, to 7,377.87. The broader All Ordinaries index grew 44.29 points, or 0.58%, to 7,664.96.
Among individual shares, Fisher & Paykel shares slid 8% after announcing downbeat FY22 revenue guidance. healthcare product maker expects full year operating revenue to be in the range of A$1.675 billion and A$1.70 billion and guides elevated freight costs would weigh on its long term gross margin target of 65% by approximately 2.5%. Shares of FPH slid 7.9%.
Shares of Carnarvon Energy (CVN) - which came out of a trading halt today - rose as much as 34.4%, before settling to finish 14.1% higher. This is on the back of a significant oil discovery at the Pavo-1 well, of which it holds a 30% interest in. The other 70% is owned by oil producer Santos (STO). Shares of STO fell 0.3%.
Shares of Uniti Group (UWL) surged 10.7% before entering into a trading halt. The trading halt was requested by UWL, citing potential media speculation around a recent proposal offer.
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