The Australian stock market extended its early gains at noon, following gains on Wall Street despite a three-hour shutdown of the Nasdaq market.
At 1205 AEST, the benchmark S&P/ASX200 index rose 1.18 per cent to 5,135.7 points, while the broader All Ordinaries index lifted 1.18% to 5,126.6 points.
No major economic news is expected.
In Australia, the market fell yesterday as local investors followed offshore leads and sold riskier stocks, including those in resources companies.
The the benchmark S&P/ASX200 index was 24.3 points, or 0.48%, lower at 5,075.7.
The broader All Ordinaries index was down 23.6 points, or 0.46%, at 5,066.7.