Trade has been suspended for most of the session so far on the Australian share market as the operator investigated data issues with its service.
The ASX paused trade at 1024 AEDT and said the decision was due to ongoing market data issues.
It’s since identified the issue but was yet to advise when trading would resume.
The S&P/ASX200 benchmark index was higher by 79.0 points, or 1.23 per cent, to 6484.3 at 1200 AEDT on Monday.
The All Ordinaries was higher by 77.6 points, or 1.17 per cent, to 6687.0.
All sectors were higher except information technology.
Property was best, higher by 1.91 per cent, followed by energy, up 1.6 per cent.
The good start for the ASX comes after Wall Street markets finished higher on Friday following upbeat earnings reports.
In Australia, a coronavirus cluster in Adelaide has grown to 17 cases, leading states and territories to close borders to South Australia.
Western Australia has reimposed border restrictions, while Queensland, Northern Territory, Victoria and Tasmania have all declared South Australia a coronavirus hotspot, triggering strict quarantine requirements in all but Victoria.
There are hopes a regional pact will pave the way for Australia and China to resolve trade disputes.
Australia officially signed onto the 15-nation Regional Comprehensive Economic Partnership after eight years of negotiations.
China, Japan, South Korea, New Zealand and 10 Southeast Asian countries are part of the pact.
The agreement will cover about 30 per cent of global goods and services.
The federal government has struck a $1 billion, 12-year deal with CSL subsidiary Seqirus for long-term access to influenza and fever vaccines, as well as life-saving antivenoms.
Under the agreement, Seqirus will invest $800 million to develop a vaccine manufacturing facility near Melbourne airport to replace its more than 60-year-old Parkville site.
CSL shares were higher by 1.79 per cent to $315.03.
The Australian Securities and Investments Commission has published a report on the buy now pay later industry, and said the amount of credit provided doubled in 12 months.
ASIC said one in five customers were missing payments.
The possibility of regulatory action caused investors to sell Afterpay shares lower by 0.32 per cent to $101.52, while rival Zip Co lost 0.49 per cent to $6.02.
Nine boss Hugh Marks will remain in his role until well into next year as the media company begins the search for a new chief.
In a statement to the Australian Securities Exchange, Nine Entertainment Co on Monday said Mr Marks will step down as CEO and director “at some stage during the second half of FY21”.
Shares were lower by 1.84 per cent to $2.39.
In the US on Friday, better-than-expected earnings reports from technology giant Cisco and others helped investors overlook surging COVID-19 cases.
Several states have reimposed movement restrictions to curb the spread.
The Aussie dollar was buying 72.89 US cents at 1200 AEDT, higher from 72.73 US cents at Thursday’s close.