By Oliver Gray
Investing.com - The S&P/ASX 200 added 72.7 points or 1.1% to 6,612.6 during Monday’s trade, retracing losses of 0.6% in the previous week amid strong performances from the Energy and Real Estate sectors.
Among stocks, Woodside Energy Ltd (ASX:WDS) lifted 2.7%, Santos Ltd (ASX:STO) added 3.3%, Beach Energy Ltd (ASX:BPT) lifted 2.1% and Viva Energy Group Ltd (ASX:VEA) added 2.5%.
Mirvac Group (ASX:MGR) gained 1.5%, Charter Hall Group (ASX:CHC) lifted 2.1%, Goodman Group (ASX:GMG) added 2.8% and Scentre Group Ltd (ASX:SCG) lifted 2.3%.
Health Care lifted 1.8%, with CSL Ltd (ASX:CSL) up 2.1%, Sonic Healthcare Ltd (ASX:SHL) adding 1.3%, Fisher & Paykel Healthcare Ltd (ASX:FPH) gaining 1.5% and Resmed Inc (ASX:RMD) up 2.8%.
Information Technology gained 1.6% as Block Inc (ASX:SQ2) lifted 5.1%, Appen Ltd (ASX:APX) added 1.2%, Megaport Ltd (ASX:MP1) gained 1.1% and Altium Ltd (ASX:ALU) lifted 1.3%.
Meantime, Magellan Financial Group Ltd (ASX:MFG) plunged 9.9% after news that its head of sales and distribution, Frank Casarotti, intends to retire in December 2023.
On the bond markets, Australia 10-Year yields were at 3.561% while United States 10-Year rates were at 2.889%.
In New Zealand, the NZX 50 added 1% to 10,862.3.