Aussie shares jumped higher today, following a collective rally in overseas markets overnight.
All sectors ended in positive territory with the exception of Health Care, which was weighed down by a 1.3% fall in CSL.
The big four were stronger on the day; CBA and ANZ both put on 0.4%.
The major miners outperformed the general market amid higher commodity prices. Rio soared 2.9% while rival BHP put on 1.9%.
Lynas was the big gainer amongst the top 200, surging 19.1% after it announced the approval of a temporary operating licence for its plant in Gebeng Malaysia.
Wesfarmers was up 0.6% after its 2Q12 sales result showed Coles total sales of $9.4 billion, a 6.7% rise on the previous corresponding quarter.
The ASX 200 strengthened 42 points (+1%), to close at 4268.
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Evening Market Analysis: Aussie Holds onto Gains is a post from: Australian Stock Report Market Pulse Blog