Australian sharemarket rallies, led by miners and healthcare stocks, with S&P/ASX 200 Index up 1.4% to 7676.4.

The Australian sharemarket rallied on Monday, with miners and healthcare stocks leading the gains, as the S&P/ASX 200 Index rose 1.4% to 7676.4. All sectors except energy traded in the green, while the Australian dollar increased 0.3% to 64.39 US cents. The gains came despite US stocks closing lower last week. Miners and healthcare companies drove the ASX's positive performance, with South32, IGO, and CSL among the biggest advancers.