Stronger commodity prices buoyed the materials sector, with BHP and Rio Tinto adding 1% each.
Whitehaven Coal was hit hard (-4.9%) however, after its two largest investors sold a chunk of their shares in the group.
The energy majors were mixed despite the overnight gain in oil prices; Woodside slipped 0.4% whilst Beach Energy soared 5.4% on the back of a broker upgrade.
CBA and Westpac led the advance among the big four, climbing 0.6% each.
The ASX 200 rose 27 points (+0.6%), settling at 4297.