The Australian sharemarket rebounded on Monday, with the S&P/ASX 200 rising 60.2 points (0.8%) to 7787.8 by mid-afternoon, following a sharp sell-off last week. Interest rate concerns eased over the weekend, boosting rate-sensitive sectors, notably property, which gained 1.6%. All 11 ASX industry groups saw gains except energy, with Woodside Energy dropping 0.8% to $27.71 as oil prices hit a three-month low.

Key movers included Cettire, which surged 10.9% to $2.64, denying allegations of counterfeit products. Neuren Pharmaceuticals climbed 11% to $22.98 after positive trial results for its Pitt-Hopkins syndrome treatment. Lendlease rose 9.9% to $6.47, unveiling a new global strategy. HMC Capital, Lendlease’s major shareholder, jumped 7.5% to $7.44 post a $100 million capital raise. Megaport increased 2.3% to $14.03 after its chairman sold shares worth $15.9 million. Ingenia Communities advanced 3.9% to $4.91, forecasting strong earnings growth. Vista Group soared 17% to $1.96, following Potentia Group’s 18.5% stake acquisition. Adriatic Metals halted trading ahead of a $75 million equity raise.