At 10:30 (AEST), the benchmark S&P/ASX 200 index was up 17 points or 0.26 percent at 6,659.60, while the broader All Ordinaries index was up 15.30 points or 0.22 percent at 6,901.70.
Tech stocks saw the largest improvement in early trade, with buy-now-pay-later giant Afterpay surging close to 4 percent following earlier reports of growth in the North American market.
Most other sectors were trending between 0.3-0.50 percent higher however resource stocks sank along with healthcare.
Crude oil and base metal prices fell towards the end of last week after a six week rally.
In the financial space, the big banks were mostly higher with Commonwealth Bank up (0.73 percent), ANZ up (0.81 percent) and National Australia Bank up (0.34 percent) however Westpac Bank was down (0.05 percent).
Mining stocks varied with Rio Tinto down (0.14 percent), BHP up (0.02 percent), Fortescue Metals up (1.31 percent) and goldminer Newcrest down (0.30 percent).
The country’s oil and gas producers dropped with Oil Search down (1.07 percent), Santos down (1.05 percent) and Woodside Petroleum down (0.77 percent).
Australia’s largest supermarkets rallied with Coles up (0.92 percent), and Woolworths up (0.95 percent).
Meanwhile telecommunications giant Telstra lifted (0.17 percent), the national carrier Qantas lost altitude (1.18 percent) and biomedical firm CSL dropped (0.41 percent).
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