Australian stocks are on a tear

Rene Farrell of Australia celebrates after dismissing Heather Knight of England during the Women’s World Twenty20 in Delhi. Gareth Copley/Getty Images

Australian stocks are rallying on the last trading day of the month.

At the close, the ASX 200 was at 5,082.80, up 72.53 points or 1.45%, with all ten sectors in the green.

The major banks put on weight. The ANZ, marked down recently because it warned of more bad debts from resource-related loans, was up 1.5% to $23.46.

The NAB added 2.3% to $26.24, the Commonwealth 2.2% to $74.92 and Westpac 1.5% to $30.35.

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