End of Day Report – Wednesday
The ASX 200 rallied 99 points to 7106 (+1.4%), hitting a two-month high. Up 119 at best. The SPI Futures were up 91 this morning. Interest rate sensitive sectors including REITs took centre stage as the top performers today as bond yields softened. GMG +3.4%, SCG +5.1% and VCX +5.6%. Iron ore futures nearly reached a two-and-a-half-year high,…