It was quite the upbeat session despite investors having a firm eye on the upcoming four day long weekend. Materials, energy and gold led the gains throughout the day, while financials took a breather. The Bank of Queensland update revealed decent revenues but the NIM squeeze saw it drop to the bottom of the ladder, closing down over 6%. The March employment report didn’t shoot the lights out, but at least the whole nation now knows that the unemployment rate is 4%. It was another decent small-cap day, closing up 1.2%, while the blue chips plodded 0.4% higher. Overall, the S&P/ASX200 reached 7519 by the close, up 0.5%.

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