Australian shares remained largely steady on Monday as losses among Mining giants offset gains in the Real Estate and Technology sectors.
The S&P/ASX 200 added just 6.9 points or 0.1% to close at 8,257.4, seven of 11 sectors recording gains.
The Technology sector rose 1.7%, buoyed by Wall Street's strong performance on Friday, where tech giants and cryptocurrency stocks drove U.S. benchmarks higher.
Fintech firm Block surged 5.5% and software provider Xero rose 1.7%, while Insignia Financial, soared 14.7% after announcing a $4.30 per share takeover bid from private equity firm CC Capital.
In contrast, mining stocks weighed on the market. Iron ore prices fell 1.2% to US$97 a tonne, pressuring major players. BHP and Fortescue Metals fell 2% apiece while Rio Tinto lost 1.7%.
Bellevue Gold was the day's worst performer, plunging 14% after missing production expectations for the December quarter.
On the bond markets, 10-year and 2-year rates ticked 0.8% and 0.7% higher to 4.475% and 3.928%, respectively.
