It was a fairly subdued start to the new week, with the local share market just edging higher by the end of the day.
Mining stocks were among the bright spots, with BHP and Fortescue gaining ground.
Gold miners were also among the standouts, with many of them ending as today’s top performers.
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WATCH THE VIDEO ABOVE: Australian market edges higher on mining gains
However, giant Northern Star underperformed its peers following an update on its growth projects.
Elsewhere, ANZ fell after releasing its full year results.
Banks will be in focus for much of this week, with NAB, Macquarie and ANZ trading ex-dividend over the next few days, which could weigh on their share prices.
CBA will also be out with a quarterly update on Wednesday.
Property stocks were another area of weakness, with Westfield owner Centre Group among the biggest losers, amid concerns about the collapse of David Jones.
Finally, the Aussie dollar is trading just under 69 US cents.
This article is published as part of a paid partnership with the CommSec.
Facts and dates are correct at the time of publication. This is general information only and does not constitute personal financial advice. Consider seeking advice from a qualified financial professional before making financial decisions.
