Miners launch Aussie shares to fourth session of gains
Six of 11 local sectors on the Australian share market have closed higher. -AAP Image
Australia's share market is trading at nine-week highs after notching a fourth straight session of gains, buoyed by investors' appetite for miners and commodities stocks.
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The S&P/ASX200 rose 41.1 points on Thursday, up 0.47 per cent, to 8,861.7, as the broader All Ordinaries gained 32.4 points, or 0.35 per cent, to 9,184.2.
Raw materials led six of 11 local sectors higher with a 1.1 per cent push, supported by strength in iron ore giants BHP, Rio Tinto and Fortescue, while a big four bank advance helped push financials stocks 0.5 per cent higher.
The Australian dollar is buying 66.73 US cents, down from 66.95 US cents on Wednesday at 5pm.
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