The Australian stockmarket was higher mid-session after the resource and mining service sector enjoyed a strong trading session.
At 10.39am, the benchmark S&P/ASX200 index was up 9.3 points, or 0.21 per cent, at 4321.9, while the broader All Ordinaries index was up 9.8 points, or 0.22 per cent, at 4342.7.
On the ASX 24, the September share price index futures contract was flat at 4280 with 14,324 contracts traded.
RBS Market private client adviser Bill Bishop said the resource and mining service sector was driving the market.
"Broadly speaking it's the resource and mining sector that are carrying the day," Mr Bishop said.
"We've had a nice little run, the market is starting to level off a bit, but we wouldn't expect to see any high profile changes provided there's no unexpected surprises.
"Resources had a much needed shot in the arm - they're enjoying a sunny day."
BHP Billiton climbed 70 cents or 2.17 per cent to $32.98, while Rio Tinto surged up 3.59 per cent to $56.86. Fortescue Metals also moved upwards with shares rising 0.66 per cent to $4.55.
The banking industry experienced mixed results. Shares in the Commonwealth Bank fell 0.52 per cent to $57.29, and the NAB fell two cents to $25.60. While ANZ surged 17 cents to $23.92, and Westpac climbed 0.17 per cent to $24.17.
In local equity news, shares in Telstra were trading at $3.89 after the telecommunication giant announced a $3.4 billion dollar profit for the financial year.New Corp net profit fell by 55 per cent to $US 2.7 billion ($A 2.57 billion), and shares fell 57 cents to $22.04.
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