The S&P/ASX200 rose 66.6 points on Monday, up 0.76%, to 8783.2. The broader All Ordinaries gained 59.3 points, or 0.67%, to 8937.
Copper lights a match under BHP
Resurgent copper prices lit a match under BHP shares. They surged more than 2% to $62.39, adding a cool $7.3 billion to the market value of Australia's largest company.
Banks eye US earnings as oil eases
The big four banks moved higher amid optimism around US banking earnings due later in the week.
Oil prices eased during the session despite ongoing supply risks and conflict in the Middle East.
The Australian dollar is buying 69.77 US cents, down from 69.83 US cents on Friday at 5pm.
