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At the close in Sydney, the S&P/ASX 200 rose 2.93% to hit a new 1-month high.
The best performers of the session on the S&P/ASX 200 were Southern Cross Media Group Ltd (ASX:SXL), which rose 15.63% or 0.025 points to trade at 0.185 at the close. Meanwhile, Unibail Rodamco Westfield (ASX:URW) added 12.71% or 0.45 points to end at 3.99 and Smartgroup Corporation Ltd (ASX:SIQ) was up 12.65% or 0.74 points to 6.59 in late trade.
The worst performers of the session were Pinnacle Investment Management Group Ltd (ASX:PNI), which fell 2.64% or 0.11 points to trade at 4.05 at the close. Graincorp Ltd (ASX:GNC) declined 2.38% or 0.10 points to end at 4.10 and Mayne Pharma Group Ltd (ASX:MYX) was down 2.22% or 0.010 points to 0.440.
Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 821 to 411 and 310 ended unchanged.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 6.49% to 20.736.
Gold Futures for June delivery was down 0.27% or 4.65 to $1730.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 3.67% or 1.22 to hit $34.47 a barrel, while the July Brent oil contract rose 2.03% or 0.72 to trade at $36.25 a barrel.
AUD/USD was up 0.54% to 0.6580, while AUD/JPY rose 0.71% to 70.97.
The US Dollar Index Futures was down 0.31% at 99.582.
