22/06/2021 12:00:00
At noon, the S&P/ASX 200 is 1.35 per cent or 97.80 points higher at 7333.10.
The SPI futures are pointing to a rise of 78 points.
Best and worst performers
The best-performing sector is Communication Services, up 2.00 per cent. The worst-performing sector is Health Care, down 0.33 per cent.
The best-performing stock in the S&P/ASX 200 is IGO (ASX:IGO), trading 5.86 per cent higher at $7.50. It is followed by shares in Chalice Mining (ASX:CHN) and Pilbara Minerals (ASX:PLS).
The worst-performing stock in the S&P/ASX 200 is Zip Co (ASX:Z1P), trading 2.68 per cent lower at $7.99. It is followed by shares in Westgold Resources (ASX:WGX) and Appen (ASX:APX).
Commodities and the dollar
Gold is trading at US$1785.27 an ounce.
Iron ore is 4.9 per cent lower at US$208.15 a ton.
Iron ore futures are pointing to a fall of 4.1 per cent.
One Australian dollar is buying 75.20 US cents.