At 11:50am, the S&P/ASX 200 is 0.63 per cent higher at 8,335.20.
The SPI futures are pointing to a rise of 48 points.
Best and worst performers
The best-performing sector is Energy, up 1 per cent. The worst-performing sector is Information Technology, down 2.46 per cent.
The best-performing large cap is Evolution Mining (ASX:EVN), trading 3.27 per cent higher at $5.205. It is followed by shares in Pilbara Minerals (ASX:PLS) and GQG Partners (ASX:GQG).
The worst-performing large cap is Mineral Resources (ASX:MIN), trading 12.49 per cent lower at $40.13. It is followed by shares in WiseTech Global (ASX:WTC) and Mercury NZ (ASX:MCY).
Commodities and the dollar
Gold is trading at US$2738.60 an ounce.
Iron ore is1.4 per cent higher at US$101.15 a tonne.
Iron ore futures are pointing to a 0.39 per cent rise.
One Australian dollar is buying 67.07 US cents.
