The Australian market started the new trading week on an extremely strong note, following a positive lead from international shares on Friday night.
Amongst the sectors all but utilities finished above water, with materials and energy the standout performers.
The banking majors all strengthened; NAB put on 3.1%, whilst ANZ was up 2.4%.
The big miners advanced mostly as the result of a favourable outcome in the Greek elections.
BHP added 2.5% whilst rival Rio Tinto climbed 4.6%.
Rare earths miner, Lynas Corp, jumped 6.3% after a bid to block the company building a processing plant in Malaysia was dismissed.
Fairfax surged 7.4% after announcing job cuts and a paywall for some of its news websites.
The ASX 200 soared 80 points (+2%) to close at 4137.
To Access FREE Daily Trading Recommendations, Click Here!
Evening Market Analysis: Strong Start,Strong Finish is a post from: Australian Stock Report Market Pulse Blog