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Aussie stocks rebound to pre-Christmas highs as dollar hits 77 US cents

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Australian stocks have rebounded from a small dip yesterday, finishing trade at the best level seen since before Christmas. 9News

At the close of trade the benchmark S&P/ ASX 200 was up 1.59 per cent or 104.9 points to 6,712 points.The ASX rallied strongly after yesterday's uncertainty.

Despite enormous political upheaval in the United States, the biggest gainers of today's trade included Rio Tinto , Virgin Money UK Plc and Bluescope Steel . The biggest loss posted today was from financial company Xero, which recorded a 5.05 per cent change in its stock price to $140.53.

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