The ASX 200 rallied 1.1 per cent, or 93.60 points to 8692 which restored $34 billion to the index.
Largely due to a dip in the oil price as markets speculated on how long the Iran war will last and the Strait of Hormuz will be closed.
9 of the 11 sectors ended in the green.

Telstra chaos and oil price spikes dominate the market π³β½π¨ - Market Wrap July 8
04:54

Health care and Tech rise - Utilities and Materials fall ππ - Market Wrap July 6
03:13

The big banks rescue the ASX 200 from disaster π¦π°π¨ - Market Wrap July 2
03:31