Highlights
  • ASX up 1.24% to 6598.9, led by tech stocks.
  • Sandfire Resources adds 12% on Botswana project.
  • Lovisa Holdings to add 30 France stores in beeline acquisition.

The S&P/ASX 200 is up 1.24% to 6598.9 at 12:30PM AEDT with energy the only sector in the red as investors weigh oil stocks ahead of a crucial OPEC meeting this week.

Tech stocks led the advancers, up almost 2%. Sandfire Resources added more than 12% after it announced approval of its T3 Motheo copper-silver project in Botswana. Woodside paced the decliners in the energy sector, down 2%.

The Aussie dollar is higher against the greenback at US$0.74 and lower against the Euro at ?0.62, while Bitcoin is trading higher after reaching a record high overnight of US$19,829.27.

In commodities, Brent oil is down at US$44.98/barrel amid uncertainty over the OPEC meeting outcome on Thursday.

Making headlines, Lovisa Holdings climbed 1.93% after it said it would add 30 beeline France stores to its acquisition of German wholesaler beeline.

And Western Australian Premier Mark McGowan said the state would reopen its border to NSW and Victoria from next Tuesday in a move welcomed by the travel industry.