The Australian share market is higher but held in check by the under-pressure oil producers.
The financial and industrial sectors led the way up, with all the big banks, except NAB lifting by more than one per cent and construction firms like Mirvac and James Hardie seeing strong gains, too.
However the oil producers were in the red after falls in the commodity. Santos dived more than seven per cent while Oil Search lost more than three per cent.
Detention centre operator Broadspectrum soared almost 50 per cent higher after announcing that it had received a second $715 million takeover offer from Spanish infrastructure giant Ferrovial.
KEY FACTS
* At 1205 AEDT on Monday, the benchmark S&P/ASX200 index was up 30.4 points, or 0.59 per cent, at 5,181 points.
* The broader All Ordinaries index was up 30.6 points, or 0.59 per cent, at 5,232.1 points.
* The December share price index futures contract was up 31 points at 5,186 points, with 17,917 contracts traded.
* At 1216 AEDT, national turnover was 959 million securities worth $1.7 billion.
