On Tuesday, shares opened higher, reflecting a rally on Wall Street amidst subdued geopolitical tensions, with investors focusing on upcoming US corporate earnings such as Tesla and GE.
At 11:45am, the S&P/ASX 200 is 0.48 per cent higher at 7,683.40.
The SPI futures are pointing to a rise of 36 points.
Best and worst performers
The best-performing sector is Health Care, up 1.3 per cent. The worst-performing sector is Industrials, down 0.34 per cent.
The best-performing large cap is Ramsay Health Care (ASX:RHC), trading 4.42 per cent higher at $53.34. It is followed by shares in James Hardie Industries plc (ASX:JHX) and Seven Group Holdings (ASX:SVW).
The worst-performing large cap is Brambles (ASX:BXB), trading 4.48 per cent lower at $14.93. It is followed by shares in Northern Star Resources (ASX:NST) and Newmont Corporation (ASX:NEM).
Commodities and the dollar
Gold is trading at US$2344.80 an ounce.
Iron ore is 0.6 per cent lower at US$116.85 a tonne.
Iron ore futures are pointing to a 0.4 per cent fall.
One Australian dollar is buying 64.59 US cents.