The Australian share market looks set to break a three-day losing streak with gains across most sectors.
A good start to the US earnings season is lifting the mood.
The All Ordinaries index was 11 points higher to 4,723 just before 11:00am (AEDT), and the ASX 200 index was 12 points stronger at 4,702.
The big four banks are mixed - the Commonwealth Bank continues to be sold down and was trading at $61.08.
Alumina has rallied 5 per cent in early trade after a positive earnings result from its US partner Alcoa.
Most other mining stocks are lower, despite the spot iron ore price climbing yet again overnight.
Fortescue Metals was off 0.6 per cent, while BHP Billiton had eased 0.2 per cent and Rio Tinto was down 0.1 per cent.
The Australian dollar a little stronger was buying 105.12 US cents.