the Australian equities traded higher today as the benchmark index ASX 200 was up 1.93%

at 6,705.80 points at 3:41 PM AEST.

All eleven sectors traded in green during the intraday trading session today

with the energy, financial, and information technology

gaining 2.66%, 2.47%, and 2.53%, respectively. 

The gloomy global growth outlook, continuous rise in interest rates

recession fears have dented investors' sentiments in the past few days

n a switch from the pessimistic view,