Half-time wrap:
The share market extended its win streak into a seventh session despite a mixed close on Wall Street on Friday ahead of risk events this week.
The ASX 200 overcame a wobbly start to reach mid-session 20 points or 0.27% ahead. Gains in energy, property and banking stocks helped offset pressure from tech and some of the big miners.
The Australian market reopened after the long weekend just 1% from its previous peak, set in August 2021 and almost matched in the opening session of this year. By the halfway mark, the index had narrowed the gap to a new high to around 0.75%.
A busy week ahead includes domestic inflation data, Chinese manufacturing reports and a US rates meeting and employment data.
US stocks finished mixed on Australia Day as a weak outlook from Intel undermined some of the euphoria over applications for artificial intelligence. The S&P 500 eased 0.07% to its first loss in seven sessions. The Dow gained 0.16%.
Personal trading: Nice return to trading after the long weekend. Four scalps for four wins: CXU, IFL, CPV and LOM.
