The S&P/ASX 200 bounced 0.5 per cent higher on Wednesday, ending two sessions of losses, with energy stocks driving gains.

Out of the index’s 11 categories, five lost ground. Consumer staples were the hardest hit.

Coles Group retreated 4.7 per cent after reporting $240 million in COVID-19 costs which hit the company’s full-year bottom line.

EML Payments was the biggest loser. It tumbled 11.6 per cent and hit its lowest level in seven years after discovering a fraudulent activity.

APA Group dropped 2.2 per cent even as it advised of a further increase in the dividend payout to shareholders for this coming year.

WiseTech was the top performer, soaring 12.4 per cent after delivering a bumper year amid global supply chain disruptions, with profit surging 80 per cent to $194.6 million.

Domino’s Pizza leapt 7.6 per cent after stepping up expansion in Asia with the acquisition of 287 stores in Malaysia, Singapore and Cambodia.

Iluka Resources advanced 9.9 per cent and Worley jumped 6.2 per cent on upbeat outlooks.

All four major banks rallied, but mining giants were mixed.