The Australian sharemarket opened slightly higher on Thursday, led by the mining heavyweights, after Wall Street set more records overnight.
The S&P/ASX 200 was 28.3 points, or 0.3 per cent, up at 8881.30 as of 10.39am AEST, with six of the 11 industry sectors trading in the green. The Australian dollar was flat at US66.67¢. The ASX dipped by 0.2 per cent on Monday.
Mining stocks paced the morning gains, with the iron ore giants BHP, Fortescue Metals and Rio Tinto up 1.2 per cent, 1.8 per cent and 1.6 per cent, respectively. Gold miners also gained again, with the rise of spot gold up 1 per cent overnight. Northern Star Resources added 1.2 per cent and Evolution Mining rose 1.1 per cent.
Super Retail Group, which owns the Rebel Sport, Supercheap Auto, BCF and Macpac chains, fell 2.2 p