National Australia Bank and Commonwealth Bank

All Ordinaries: A drop in the Australian dollar sparked some buying of high-yielding stocks by international investors, according to Australian Broadcasting Corporation. The big banks led the way; National Australia Bank jumped more than 2.5 per cent, Commonwealth Bank was up about 2 per cent, ANZ 1.5 per cent higher and Westpac up 1.3 per cent. The All Ordinaries closed up 60 points at 5,775 and the ASX 200 rose 64 points to 5,777 in the market best one-day gain in a month. The big miners also gave the market a boost, with BHP Billiton up 1.3 per cent and Rio Tinto almost 1 per cent higher. Elsewhere on the market investors welcomed Myer move to sack staff in a bid to compete with other retailers; its shares rose almost 2.5 per cent. Energy stocks rose with Oil Search up almost 2 per cent and Santos about 1 per cent higher. (news.financializer.com). As reported in the news.