The Aussie market extended its winning run today, however a mid-afternoon fade saw stocks give up most of their early gains.

Better-than-expected retail sales data helped fuel the morning rally and eased concerns over the health of the Australian economy.

Consumer stocks rose on the back of the retail sales figures; David Jones and Myer climbed 2%, and 2.8%, respectively.

Positive Chinese manufacturing data improved the outlook for commodity demand and buoyed the local miners. BHP added 0.3% and Rio Tinto rose 0.8%.

CSR had a forgetful day (-4.6%) following its disappointing first-half profit guidance.

It was a mixed bag among the big four banks; CBA shed 0.3% whilst Westpac advanced 0.6%.

The ASX 200 put on 11 points (+0.3%), settling at 4308.