The Aussie market came home strong in the afternoon session, with the index finishing 14 points (+0.3%) higher, at 4474. It was a solid result for the local market, which defied the bearish leads provided by international markets on Friday night.
Most sectors ended up finishing in the green, as buyers emerged after the lunchtime break.
Materials, IT and financial stocks were the best performers, whilst at the other end of the spectrum, consumer discretionary and industrial stocks were the weakest links.
The biggest gainers on the day included nexus energy (+4.4%) and Atlas Iron (+3.3%) whilst the biggest losers were OM Holdings (-8%) and Aquila Resources (-7%).