The ASX200 has been up 0.35% at 8,408 points.
The local bourse has risen after US President Trump called for lower oil prices and interest rates.
Buoyed by a less aggressive US stance on tariffs than previously indicated, the ASX200 is on track for its third straight weekly gain.
Discretionary has been the best performing sector, up 1.7%, followed by Real Estate, up 0.85%, and Utilities, up 0.7%.
Energy has been the biggest loser, down 1%.
4DMedical (ASX:4DX) has been up 6.2% after signing a major commercial contract. The deal follows a successful pilot of the company’s products with Qscan Radiology Clinics in Queensland.
4D Medical has been 60 cents.
KMD Brands (ASX:KMD) has been up 2% after releasing an update on the first five months of FY25, highlighting ongoing improvements in direct-to-consumer sales. The company’s Rip Curl brand posted a 2.4% increase in global sales year-on-year.
KMD Brands has been 38.3 cents.
Nanosonics (ASX:NAN) has been down 1% after a broker note by Morgan Stanley. The broker has downgraded the company’s shares to a hold rating with a $3.75 price target.
Nanosonics has been $3.71.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.