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The ASX200 has been up 0.34% at 8,234 points.
The local bourse is tracking towards its highest close in four days.
Big banks and miners are leading the market higher. Westpac (ASX:WBC) has been up 0.8% and Rio Tinto (ASX:RIO) has been up 1.2%.
IT has been the best performing sector, up 1.2%, followed by Health Care 0.9% and Utilities, up 0.5%.
Staples has been the biggest loser, down 0.7%, followed by Industrials, down 0.4%.
Company News
After a rollercoaster week, Wisetech Global (ASX:WTC) has been up 13.6% at $112.91. Bell Potter upgraded their rating on the stock to Buy and revised its price target to $123.75.
Wisetech has been trading at $112.91.
Sleep disorder treatment company Resmed (ASX:RMD) has been up 5.76% on release of its Q1 update. The company reported an 11% increase in revenue and a 42% jump in net profit.
Resmed has been $37.67.
Adriatic Metals’ (ASX:ADT) has been up 3.4% on news the Bosnian government granted a permit to operate its tailing facility. Adriatic Metals has been $4.27.
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