The Australian sharemarket has closed higher on Monday despite suffering a late dip, with gains from the major miners keeping it in the green.

The S&P/ASX 200 Index rose 6.2 points, or 0.1 per cent, to 7412.4.

BHP Group climbed 2.3 per cent to $50.92 while Rio Tinto rose 1.4 per cent to $118.47 and Fortescue Metals Group added 0.8 per cent to $19.42.

AVZ Minerals climbed 4 per cent to $1.19, Washington H. Soul Pattinson added 3.1 per cent to $28.45 and Costa Group firmed 2.6 per cent to $3.15.

The tech sector almost took the market into the red, however.

Xero declined 5.2 per cent to $99.03, Block dropped 3.7 per cent to $171.45 and Novonix slid 4.7 per cent to $5.26.