The local sharemarket has climbed its highest since Christmas Eve after the release of US jobs data suggesting the world's largest economy is in overall good shape.
The benchmark S&P/ASX200 index on Monday finished up 41.5 points, or 0.48 per cent, to 8,759.4, while the broader All Ordinaries rose 46.8 points, or 0.52 per cent, to 9,092.7.
The gains came after a positive lead from Wall Street, with the S&P500 closing Friday at an all-time high after labour market data known as non-farm payrolls showed US unemployment declining and wages rising.
The Australian dollar was trading for 66.98 US cents, from 66.95 US cents at 5pm on Friday.