The Australian stock market held morning gains at noon after international markets stayed in the black overnight.
At 1205 AEDT, the benchmark S&P/ASX200 index was 0.31% higher at 5,389.7 points, while the broader All Ordinaries index increased 0.29% to 5,389.5 points.
No major economic news is expected.
In Australia, the market on Thursday finished higher, driven by strong gains among the big banks.
The nation's biggest bank, Commonwealth, surged to a record high as the bank reporting season approaches.
The benchmark S&P/ASX200 index was up 16.8 points, or 0.31%, higher at 5,372.9.
The broader All Ordinaries index was up 16.9 points, or 0.32%, at 5,373.7.
