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The ASX200 has been up around a third of a percent 0.31% at 8,240 points.
The bounce back of the banks has been leading the market higher and Commonwealth Bank (ASX:CBA) has been up 1.4%, and ANZ (ASX:ANZ) has been up 1.6%
Health Care has been the best performing sector, up 1.1%, followed by Financials, up 0.9%, and Telecommunication, up 0.85%.
Information Technology has been the biggest loser, down 2.6%, followed by Materials, down 0.75%.
Company News
Wisetech (ASX:WTC) has been down 5.75% on news of a broker downgrade.
Morningstar downgraded its fair value estimate for WiseTech by 5% to $109, due to media reports of alleged inappropriate behaviour by its chief executive Richard White.
Analysts at Morningstar say there is a 25% chance of Mr White being replaced.
Wisetech has been trading at $99.97.
Fortescue (ASX:FMG) has been down 3.5% on disappointing quarterly results. Iron Ore shipments were down 12% quarter over quarter and only slightly below consensus.
Fortescue has been $19.05.
Newmont (ASX:NEM) has been down 7% after its Q3 results fell short of expectations. The higher-than-expected costs disappointed investors and were 5 cents US (US$0.05) higher than consensus.
Newmont has been $81.32.
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