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At the close in Sydney, the S&P/ASX 200 gained 1.18% to hit a new 1-month high.
The best performers of the session on the S&P/ASX 200 were Mesoblast Ltd (ASX:MSB), which rose 7.26% or 0.07 points to trade at 0.96 at the close. Meanwhile, Codan Ltd (ASX:CDA) added 4.57% or 0.19 points to end at 4.35 and Pilbara Minerals Ltd (ASX:PLS) was up 4.52% or 0.18 points to 4.16 in late trade.
The worst performers of the session were Kogan.com Ltd (ASX:KGN), which fell 3.83% or 0.16 points to trade at 4.02 at the close. Gold Road Resources Ltd (ASX:GOR) declined 2.99% or 0.06 points to end at 1.78 and Westgold Resources Ltd (ASX:WGX) was down 2.63% or 0.03 points to 1.11.
Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 773 to 498 and 392 ended unchanged.
The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 2.10% to 13.32.
Gold Futures for February delivery was up 0.25% or 4.75 to $1,883.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.08% or 0.06 to hit $77.47 a barrel, while the March Brent oil contract rose 0.10% or 0.08 to trade at $82.75 a barrel.
AUD/USD was unchanged 0.06% to 0.69, while AUD/JPY fell 0.62% to 90.82.
The US Dollar Index Futures was unchanged 0.00% at 102.93.
