The Aussie market is performing quite strongly so far today, running with the positive leads provided by international markets on Friday night.

The XJO is approximately 75 points (+1.8%) above water and every sector is in positive territory, with materials and financials leading the charge.

In company news, Rio Tinto has announced plans to sell 13 aluminium businesses, including refineries and smelters, in order to boost the division's financial performance.

The moves, which followed a strategic review, have been viewed favourably by the market with Rio shares trading nearly 3% higher on the day.

Around the region, Asian markets are trading higher; the Hang Seng is up 2% whilst the Nikkei is 1.5% firmer.

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