Australian shares have finished higher, buoyed by local earnings results and offshore gains.
Commonwealth Bank analyst Steve Daghlian said the market rose for the seventh trading session in eight trading days.
"Strong gains out of US and European markets on Friday and promising economic data out of China on the weekend drove our market and pushed the mining sector up about 1.3 per cent," Mr Daghlian said.
Stocks were also buoyed by better-than-expected domestic earnings season.
But the Commonwealth Bank took the shine off some of the gains, trading ex-dividend and closing more than two per cent lower.
"It was probably a bit quieter than it could have been," Mr Daghlian said.
Around 50 of the companies on the ASX200 will release their earnings reports this week.
Bendigo and Adelaide Bank lifted first half cash profit to $185.9 million, although its net profit was down almost nine per cent to $180.7 million due to one-off charges. Its shares were up six cents at $11.78.
The big four banks were mainly higher with ANZ up 28 cents at $31.62, Westpac 16 cents higher at $32.91 and National Australia Bank 63 cents better at $34.75. But Commonwealth Bank was down $1.64, or 2.2 per cent, at $74.35,
In the mining sector BHP Billiton is due to report its first half results on Tuesday.
It was up 31 cents at $38.02, while Rio Tinto had lifted $1.64 to $69.54. Fortescue Metals, which is expected to release its results on Wednesday, was up 12 cents at $5.82.
- At 1615 on Monday, the benchmark S&P/ASX200 index was up 26.6 points, or 0.50 per cent, at 5,382.9 points.
- The broader All Ordinaries index was up 27.9 points, or 0.52 per cent, at 5,394.8 points.
- The March share price index futures contract was up 37 points at 5,345 points, with 20,102 contracts traded.
- National turnover was 1.9 billion securities worth $5.1 billion.