Australian shares ended the trading day higher on Tuesday, with the S&P/ASX 200 rising 1.10% to close at a new one-month high.
Sector strength was led by gains in the Gold, Industrials and A-REITs groups, which collectively pushed the benchmark index upward over the session.
The top performers on the S&P/ASX 200 included Monadelphous Group Ltd (ASX:MND), which jumped 13.99% or 3.96 points to finish at 32.26. IperionX Limited (ASX:IPX) also recorded a strong advance, adding 13.95% or 0.30 points to close at 2.45. Temple & Webster Group Ltd (ASX:TPW) rose 7.74% or 0.46 points to end the day at 6.40.
At the other end of the ledger, Life360 Inc (ASX:360) fell 13.48% or 3.01 points to trade at 19.32 at the close. TPG Telecom Ltd (ASX:TPG) declined 2.10% or 0.09 points to finish at 3.96, while Tuas Ltd (ASX:TUA) slipped 1.37% or 0.02 points to 1.44.
Market breadth favored advancers by a substantial margin, with 709 stocks rising, 334 declining and 352 finishing unchanged on the Sydney exchange.
Volatility in S&P/ASX 200 options, as measured by the S&P/ASX 200 VIX, eased during the session, falling 3.59% to 11.57.
Commodity markets showed mixed moves. Gold futures for December delivery gained 0.42% or 17.32 to settle at $4,131.82 a troy ounce. In energy markets, crude oil for December delivery declined 1.30% or 1.13 to $85.72 a barrel, while the January Brent oil contract fell 1.21% or 1.12 to trade at $91.45 a barrel.
Foreign exchange pairs were relatively stable. AUD/USD was effectively unchanged, moving 0.01% to 0.69, while AUD/JPY inched up 0.02% to 109.39.
Elsewhere, the US Dollar Index Futures eased 0.04% to 101.50, reflecting a modest shift in broader currency sentiment by the close of markets.
Summary figures and selected ticker moves for the session included: AXJO up 1.1%, MND up 13.99%, IPX up 13.95%, TPW up 7.74%, 360 down 13.48%, TPG down 2.1% and TUA down 1.37%.
The market closed with the benchmark S&P/ASX 200 at 9,129.00, up 99.30 points or 1.10% from the prior close.