The gains were widespread, with resource stocks driving the advance; BHP put on 2.1% whilst Rio Tinto added 2.4% on plans to streamline its aluminium division.
All of the big four banks ended solidly higher, with NAB the best performing, up 1.9%. The other three strengthened more than 1% each.
The ongoing rebound in oil prices provided some support to the energy majors; Woodside rose 1% and Santos climbed 0.7%.
Energy Resources Australia didn’t fare so well, plummeting 32.5% after completing a $380 million institutional raising.
The ASX 200 soared 70 points (+1.7%) on the day, closing at 4275.