At closing bell, the benchmark S&P/ASX200 index advanced by 81.88 points, or 1.08%, to 7,649.16. The broader All Ordinaries index added 84.67 points, or 1.08%, to 7,902.03.
All sectors, except energy, ended higher along with the S&P/ASX 200 Index. Health Care was the best performing sector, gaining 1.97%, followed by telecommunication services (up 1.73%), industrials (u[ 1.521%), consumer staples (up 1.5%), and information technology (up 1.5%) sectors.
The top performing stocks in S&P/ASX200 index were SOUTH32 and SEEK, up 5.64% and 5.35% respectively. The bottom performing stocks in S&P/ASX200 index were BELLEVUE GOLD and KAROON REGIS RESOURCES down 6.94% and 3.51% respectively.
Shares of healthcare companies closed higher, with biotech giant CSL (up 2.2%) and hearing-implants maker Cochlear (up 2.3%) led the gains,
Technology stocks also gains, with cloud-based accounting software provider Xero (up 2.4%) and TechnologyOne (up 2.2%) led the gains.
Shares of big-four banks ended higher, with the countrys biggest, CBA, gaining 0.9%. Shares in Macquarie Group jumped 1.7% after its banking and financial services arm decided to halt new car lending through its direct, broker and novated leasing channels.
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Materials and resources climbed up. Mining heavyweights BHP (up 1.8%), Fortescue (up 0.8%) and Rio Tinto (up 0.2%) were all stronger.
Shares of energy sector weighed on the market with Woodside Energy shares tumbling 2.6% and Santos 1.2%, while coal miners Yancoal (down 1.9%) and Whitehaven (down 1%) also lost ground.
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