At 11:35am, the S&P/ASX 200 is 0.79 per cent higher at 8,062.60.
The SPI futures are pointing to a rise of 61 points.
Best and worst performers
All sectors are in the black. The best-performing sector is Information Technology, up 1.61 per cent. The sector with the fewest gains is Energy, up 0.34 per cent.
The best-performing large cap is Northern Star Resources (ASX:NST), trading 4.15 per cent higher at $14.54. It is followed by shares in WiseTech Global (ASX:WTC) and James Hardie Industries (ASX:JHX).
The worst-performing large cap is SEEK (ASX:SEK), trading 1.44 per cent lower at $21.20. It is followed by shares in JB Hi-Fi (ASX:JBH) and Mercury NZ (ASX:MCY).
Commodities and the dollar
Gold is trading at US$2480.90 an ounce.
Iron ore is 1.4 per cent lower at US$107.25 a tonne.
Iron ore futures are pointing to a 0.2 per cent fall.
One Australian dollar is buying 67.38 US cents.