By Oliver Gray
Investing.com - The S&P/ASX 200 finished Wednesday’s trading session 0.2% higher, recovering from early losses of 0.8% and advancing for the first time this week as gains in the Health Care, real estate and Materials sectors offset losses in Technology and Financial companies.
Among stocks, CSL Ltd (ASX:CSL) added 2.1%, Sonic Healthcare Ltd (ASX:SHL) gained 1.3%, Resmed Inc (ASX:RMD) lifted 2% and Pro Medicus Ltd (ASX:PME) added 1.3%
Mirvac Group (ASX:MGR) lifted 1.4%, Charter Hall Group (ASX:CHC) gained 1.3%. Goodman Group (ASX:GMG) added 1.4% and Stockland Corporation Ltd (ASX:SGP) lifted 0.5%.
Miners also rallied as Iron ore and Copper prices recovered. Rio Tinto Ltd (ASX:RIO) added 2.6%, BHP Billiton Ltd (ASX:BHP) gained 1.4% and Fortescue Metals Group Ltd (ASX:FMG) added 2.3%.
Financials fell 1.1% with Australia and New Zealand Banking Group Ltd (ASX:ANZ) down 1.5%, Westpac Banking Corp (ASX:WBC) falling 1.6% and Commonwealth Bank Of Australia (ASX:CBA) down 0.2% while National Australia Bank Ltd (ASX:NAB) dropped 3.9% as it traded ex-dividend.
Info tech retreated 0.6% collectively, with Block Inc (ASX:SQ2) down 1.2%, Novonix Ltd (ASX:NVX) down 1.2% and Xero Ltd (ASX:XRO) falling 1%. Link Administration Holdings Ltd (ASX:LNK) also dropped 15.1%.
On the bond markets, Australia 10-Year rates were at 3.5%, while United States 10-Year yields were at 2.956%.
In New Zealand, the NZX 50 added 0.2% to 11,257.