The Australian sharemarket extended its record-setting run for the third consecutive session on Monday, as investors assessed a fresh batch of earnings reports.
The S&P/ASX 200 finished 20.7 points or 0.2% higher at 8,959.3, with seven of the 11 sectors finishing in positive territory.
Telcos led gains, with REA Group surging 4.5% following the appointment of Cameron McIntyre as chief executive, replacing long-serving Owen Wilson. McIntyre joins from CAR Group, where he served as CEO.
Telstra added 1%, Seek climbed 2%, and CAR Group rose 0.7%.
The Financials sector provided further support, led by a 2.7% increase in National Australia Bank despite the bank flagging an estimated $130 million rise in operating expenses this financial year due to payroll issues.
Commonwealth Bank gained 1.2%, Westpac lifted 0.7%, while ANZ fell 1.5%.
Technology stocks also contributed to the upside, with Xero up 1.1%, WiseTech Global rising 0.3%, and Technology One adding 0.9%.
The A-REITs sector saw strong performances, with Lendlease surging 6.7% after reporting a full-year profit of $225 million, reversing a $1.5 billion loss the previous year.
GPT Group rallied 1.9%, reporting a half-year net profit of $329.1 million, boosted by a $48.3 million increase in its investment portfolio, with funds from operations coming in at $322.6 million.
Conversely, HMC Capital's DigiCo Infrastructure REIT fell 14.1% after posting full-year underlying earnings before interest, taxes, depreciation, and amortisation of $99 million in its inaugural results.
BlueScope Steel slid 3.1% as its full-year net profit dropped to $83.8 million from $806 million a year earlier amid U.S. tariff uncertainty and a $439 million writedown in its coated products business.
Outdoor advertising company oOh!media tumbled 10.2% following mixed half-year results, as the company flagged a $30 million hit after losing the high-margin Auckland Transport contract.
On the bond markets, 10-year and 2-year yields were largely unchanged at 4.273% and 3.322%, respectively.
