The Asutralian sharemarket has opened up on this relatively quiet Monday morning.
ASX200 is up 16 points, or 0.5%. BHP and RIO leading the way with gains of 4.9% and 4.7% respectively.
The banks are mixed with CBA and NAB both down over 1% and ANZ and WBC marginally higher.
Oil stocks also up with crude trading higher this morning. Santos up 2.2%