AU Evening Wrap: ASX Bounces; South32 Rallies, Gold Miners Fall

• Top losers: $Paladin Energy Ltd(PDN.AU)$ $Woodside Energy Group Ltd(WDS.AU)$ $Bellevue Gold Ltd(BGL.AU)$

Australia's $S&P/ASX 200(.XJO.AU)$ closed 1.1% higher at 7649.2, with all but one sector in the green, as the market rallied amid signs of no further escalation in Middle East tensions.

Energy stocks fell 1.5%, with losses led by $Woodside Energy Group Ltd(WDS.AU)$, which shed 2.6%. $Karoon Energy Ltd(KAR.AU)$ fell 2.4%. $Boss Energy Ltd(BOE.AU)$ rose 3.7% after saying it had produced its first drum of uranium at its Honeymoon project.

Healthcare was the day's best-performing sector, rising 2.0%, with consumer staples and tech other standouts, both rising 1.5%. Telecom services put on 1.7%, $South32 Ltd(S32.AU)$ was the day's biggest gainer, rising 5.6% after saying it expects restart to Gemco Wharf operations. $The Star Entertainment Group Ltd(SGR.AU)$ fell 1.2% as an inquiry in New South Wales state continues. The ASX 200 fell 2.8% last week.