The Australian sharemarket is trading slightly higher mid-session as investors consider positive jobs data from the United States and negative economic figures from China.
"Investors are weighing up US economic data which was positive and Chinese economic data which came out on Saturday, which was negative," OptionsXpress market analyst Ben Le Brun said.
"The resources and materials stocks are certainly being hamstrung by the Chinese data."
However, there were pockets or resistance in the energy and utilities sectors.
Mr Le Brun said the local bourse was waiting for the start of trading on the Shanghai market in China to see if it could provide more direction for afternoon trading.
He said investors were considering whether to stay in the market or exit, given that stocks were still around their highest level in four-and-a-half years.
On Wall Street in the US on Friday, the Dow Jones Industrial Average set a fresh record for the fourth straight session, helped by solid US jobs data.
Official data released in China over the weekend showed that Chinese inflation rose to a 10-month high in February while growth in industrial production and retail sales slowed, complicating policymakers' efforts to boost recovery.
On the local market, global miner BHP Billiton was 37 cents weaker at $35.72, and Rio Tinto backtracked $1.42 to $62.94.
Among the major banks, National Australia Bank climbed 36 cents to $31.46, ANZ lifted 17 cents to $29.29, Commonwealth Bank firmed two cents to $69.85, and Westpac slipped seven cents to $31.18.
Building products company CSR was 2.5 cents higher at $2.125 after it announced it would cut 150 jobs from its glass business in response to the high Australian dollar and low construction activity.
Construction and mining firm Leighton Holdings gained 33 cents to $22.37 as its subsidiary, Thiess, won a $212 million contract for work on Chevron's $52 billion Gorgon project in WA.At 9.30am, the benchmark S&P/ASX200 index was up 14.9 points, or 0.3 per cent, at 5138.3 points while the All Ordinaries index was up 15.1 points, or 0.3 per cent, at 5152.6 points.
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