Markets Live: ASX rebound hits ceiling

The local market has bounced back from a two-day selloff but isn't able to push above 5400 points, with the big banks and miners leading gains, while energy stocks are taking another hit. Macquarie Capital has stepped up its presence in the renewable energy sector , buying a $1 billion stake in a wind farm from Germany's EnBW Energie Baden-Wuerttemberg.

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