ASX 200 Closed near Day's High

• The Australian market closed near day's high extending yesterday's strong rally. The benchmark S&P/ASX 200 index jumped 63 points, or 1.2 per cent, to 5265.2, while the broader All Ordinaries gained 59.5 points, or 1.1 per cent, to 5261.5.

• Among the sectors, financials rose 1.3 per cent, materials added 1.1 per cent and gold jumped 2.5 per cent in an impressive intra-day turnaround.

• Gold stocks have made a stunning turnaround today as investors did some bargain hunting. Some of the gold miners did really good today. Take a look:

• Newcrest: +6.%
• Resolute Mining: +8.7%
• Evolution Mining: +6.7%
• PanAust: +6.5%
• St Barbara: +6%

• That's how regional markets are doing:

• Japan (Nikkei): -0.4%
• Hong Kong: -0.45%
• Shanghai: -0.6%
• Taiwan: +0.3%
• Korea: +0.1%
• ASX200: +0.95%
• Singapore: +0.2%
• New Zealand: -0.1%

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