The Australian stock market is on the rise, with the S&P/ASX 200 index up 1.19 percent to 8,803.70. Major miners like BHP Group and Rio Tinto are gaining, while tech stocks like Zip and WiseTech Global are also seeing positive movement. Gold miners and oil stocks are mostly higher as well. Among the big four banks, Commonwealth Bank and ANZ Banking are making gains. Goodman Group shares are soaring after a partnership deal to develop data centers in Europe. In the currency market, the Aussie dollar is trading at $0.667.

Read more at Nasdaq: Australian Market Sharply Extends Early Gains In Mid-market