The local market shrugged off negative offshore leads to surge to its highest close in two years on Tuesday, in a broad-based rally driven by strong performances in the big banks.
The benchmark S&P/ASX 200 Index rose 1.3 per cent to 5821.2, its biggest rise this year and the highest close since May 2015, while the broader All Ordinaries Index added 1.2 per cent to 5860.4.
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Myriam Robin is Rear Window editor based in the Melbourne newsroom. A Rear Window columnist since 2017, she previously reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
