The Aussie market is trading more than 1% higher so far today, with local bulls running with the bullish leads provide by Wall Street overnight.
Nearly all sectors are in positive territory, with energy and healthcare plays leading the way. Only consumer staples are showing a loss.
There have been a host of company results and announcements today, including
Woolworths reporting worse-than-expected profit and a gloomy outlook, with the stock down approximately 5% on the news
Iluka reporting a first-half net profit of $145.9 million, with the stock trading more than 6% higher
Leighton Holdings' CEO stepping down after just eight-months in the job, with LEI trading more than 3% lower
Transfield reporting a $19.7 million net loss, with the stock trading as much as 30% lower at one point
Around the region, Asian markets are all trading higher with the Shanghai Composite up 1%, and the Hang Seng and Nikkei up 1.5% each.