By Oliver Gray
Investing.com - the S&P/ASX 200 added 15.3 points or 0.2% to 6,621.6 during Wednesday’s trade, extending gains for the second session as easing yields boosted risk sentiment while lower Iron ore and Oil prices weighed on Energy and Materials companies.
Among stocks, Information Technology added 1.2% collectively, with Block Inc (ASX:SQ2) up 3.7%, Megaport Ltd (ASX:MP1) adding 7.3%, Novonix Ltd (ASX:NVX) lifting 0.5%, Brainchip Holdings Ltd (ASX:BRN) gaining 5% and Xero Ltd (ASX:XRO) up 1.3%.
Consumer Discretionary gained 1.2%, with JB Hi-Fi Ltd (ASX:JBH) up 2.4%, Domino's Pizza Enterprises Ltd (ASX:DMP) adding 3.3%, Aristocrat Leisure Ltd (ASX:ALL) up 0.8% and Wesfarmers Ltd (ASX:WES) lifting 1.2%.
Meantime, Energy fell 1.8% with Woodside Energy Ltd (ASX:WDS) down 2.9%, Santos Ltd (ASX:STO) falling 1.3%, Beach Energy Ltd (ASX:BPT) dipping 1.2% and Viva Energy Group Ltd (ASX:VEA) falling 2.9%.
Materials finished 0.6% lower with Rio Tinto Ltd (ASX:RIO) and BHP Billiton Ltd (ASX:BHP) down 1.4% apiece, with Fortescue Metals Group Ltd (ASX:FMG) and Champion Iron Ltd (ASX:CIA) added 0.6% and 1.9% respectively.
On the bond markets, Australia 10-Year yields were at 3.421% while United States 10-Year rates were at 2.974%.
In New Zealand, the NZX 50 added 0.5% to 11,169.