The S&P/ASX 200 closed higher, rising by 6.7 points to 4269.5 and the All Ordinaries ended the day moving up 7.4 points to 4290.1.

Rebounding from yesterday’s drop, the basic materials index was up 1.45%, marking one of the best performing Australian sectors of the day.

The Australian Bureau of Statistics released its international trade in goods and services, Australia data which demonstrated a difference between import and export figures of $A9 million from a seasonally adjusted $313 million fall in May this year.

The report showed exports amounted to $26.63 billion, marking little change on trade results released in May.

Imports fell slightly from $27 billion in May to $26.62 billion.

In seasonally adjusted terms, data indicated that non-rural goods exports fell by $527 million and non-monetary gold rose by 17% or $246 million.

The importation of capital goods rose by 6% demonstrating the strength of impending construction and development projects and increasing confidence in economic expansion across the country.

Further statistics released by the ABS which lifted stock sentiment included the 1% rise in retail turnover in June, following the rise of 0.8% in May.

Turnover rose in all states and the ABS recorded over the longer term, mining-heavy Western Australia was still the strongest performing state increasing by 0.8% in trend terms.

Most miners rode the high, with BHP Billiton up 1% to $30, Rio Tinto increasing by 1.6% to $54.40 and Fortescue Metals Group jumped 5.3% to $4.37, marking the highest increase of the day among the majors.

Venture Minerals emerged from its trading halt with shares flying by 21% in afternoon trade to 34c after announcing a high-grade tin discovery in northwest Tasmania.

Among the juniors, shares in De Grey Mining fell 12.5% to 1.4c after a change of director’s notice was issued to the market.