AU Evening Wrap: ASX 200 rallied 1.2% with banks and health stocks led the gains

The $S&P/ASX 200 (.XJO.AU)$ rallied 86 points or 1.21 per cent at 7149.4 points, as rising US equity futures sharpened the prospects for tonight’s session. It was the biggest daily increase since 28 February, but volumes were low due to public holidays in some states.

Gains in banks, $Telstra Group Ltd (TLS.AU)$, $CSL Ltd (CSL.AU)$ and supermarkets $Coles Group Ltd (COL.AU)$, $Woolworths Group Ltd (WOW.AU)$ helped offset pressure on miners and energy stocks as crude oil, copper, gold and grains declined. $CommBank (CBA.AU)$ gained 2.6 per cent to $102, back over $100 for the first time in four weeks. $ANZ Group Holdings Ltd (ANZ.AU)$ gained 2.8 per cent, $Macquarie Group Ltd (MQG.AU)$ 2.6 per cent, $Westpac Banking Corp (WBC.AU)$ 2.5 per cent, and $National Australia Bank Ltd (NAB.AU)$ 1.5 per cent.

S&P/ASX 200 Movers for Monday (3/14)