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At the close in Sydney, the S&P/ASX 200 gained 1.95% to hit a new 3-months high.
The best performers of the session on the S&P/ASX 200 were Pilbara Minerals Ltd (ASX:PLS), which rose 10.00% or 0.320 points to trade at 3.520 at the close. Meanwhile, Lynas Rare Earths Ltd (ASX:LYC) added 8.46% or 0.860 points to end at 11.030 and Clinuvel Pharmaceuticals Ltd (ASX:CUV) was up 6.32% or 1.72 points to 28.93 in late trade.
The worst performers of the session were Resolute Mining Ltd (ASX:RSG), which fell 3.85% or 0.015 points to trade at 0.375 at the close. Omni Bridgeway Ltd (ASX:OBL) declined 3.80% or 0.14 points to end at 3.54 and St Barbara Ltd (ASX:SBM) was down 3.75% or 0.055 points to 1.410.
Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 919 to 573 and 354 ended unchanged.
Shares in Pilbara Minerals Ltd (ASX:PLS) rose to all time highs; gaining 10.00% or 0.320 to 3.520. Shares in Lynas Rare Earths Ltd (ASX:LYC) rose to 5-year highs; rising 8.46% or 0.860 to 11.030.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 1.99% to 10.838.
Gold Futures for February delivery was up 0.31% or 5.55 to $1805.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.37% or 0.28 to hit $75.80 a barrel, while the March Brent oil contract fell 0.35% or 0.28 to trade at $78.70 a barrel.
AUD/USD was up 0.22% to 0.7207, while AUD/JPY rose 0.59% to 83.42.
The US Dollar Index Futures was up 0.10% at 96.310.
