Local shares have closed at an all-time high for the eighth time this year, with all sectors gaining ground amid a global lift in sentiment as well as record gold prices.
The benchmark S&P/ASX200 index on Wednesday rose 58.6 points, or 0.73 per cent, to 8,057.9, while the broader All Ordinaries gained 60.2 points, or 0.73 per cent, to 8,303.5.
The Australian dollar was buying 67.33 US cents, from 67.42 US cents at Tuesday's ASX close.