The Australian market stormed higher today, following a positive lead provided by international shares.
All the sectors finished well in the green, with energy and material stocks the standout performers.
The banking majors all gained ground; NAB put on 1.3%, whilst ANZ was up 1.2%.
The big miners advanced on back of strong commodity prices; BHP added 3.1% whilst rival Rio Tinto advanced 1.1%.
Santos climbed 5.9% after reporting that 2Q revenue rose 18% on year to $739 million.
Also in the energy space, Woodside Petroleum soared 7.6% after recording 2Q revenue of $1.43 billion, a 14% rise on previous corresponding period.
Seven West Media plummeted 10.5%, resuming from a trading halt after its recent capital raising.
The ASX 200 soared 83 points (+2%) to settle at 4207, its highest close in over two months.
For FREE Daily Trading Recommendations, Click Now!
Evening Market Analysis: Strong Finish is a post from: Australian Stock Report Market Pulse Blog