Sept 29 (Reuters) - Australian shares climbed on Thursday amid a global rebound in equity markets, after the Bank of England said it would take immediate measures to calm Britain's distressed bond markets.
The S&P/ASX 200 index rose 1.75%. The benchmark fell 0.53% on Wednesday.
Global markets recovered marginally after the British central bank said it will launch an emergency bond-buying programme aimed at preventing the market turmoil from spreading.
In Sydney trading, energy stocks led the gains, climbing 2.95% on higher oil prices after U.S. fuel inventory figures showed larger-than-expected drawdowns.
Oil and gas majors Woodside Energy and Santos rising 3.3% and 2.6%, respectively.
AGL Energy gained 1.1%, after the country's top power producer unveiled plans to invest up to A$20 billion ($13.00 billion) in new renewable energy by 2036.
Miners advanced 2.7% with iron ore behemoths BHP and Rio Tinto up 3% and 1.6%, respectively.
Strong bullion prices lifted gold stocks 4.6%, with country's largest gold miner Newcrest Mining jumping 4.3%.
Tech index and financials gained over 1% each.
Premier Investments Ltd soared 13.3% and was the top gainer on ASX 200, after the fashion retailer posted an annual net profit attributable of A$285.2 million ($185.35 million), compared with A$271.8 million a year ago.
Separately, Iress, down 16.8%, was the top percentage decliner, after the software provider trimmed its full-year net profit after tax guidance to between A$54 million and A$58 million from the previous range of A$63 million to A$72 million.
The New Zealand benchmark S&P/NZX 50 index rose 1% to 11,231.37. The country's central bank proposed changes to the means by which banks should apply risk weighting to their exposures under capital adequacy rules.
($1 = 1.5387 Australian dollars)
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