Australian Stock Exchange Rises Again in Fourth Day of Gains

Pedestrians are reflected in a window in front of a board displaying stock prices at the Australian Securities Exchange (ASX) in Sydney, Australia, on Feb. 9, 2018. David Gray/Reuters

The local share market has closed higher for a fourth straight day, finishing above the 7000 level for the first time in two and a half weeks ahead of another monthly report on U.S. inflation.

The benchmark S&P/ASX200 index on Tuesday closed up 45.2 points, or 0.65 per cent, to 7009.7. The broader All Ordinaries gained 45.5 points, or 0.63 per cent, to 7253.7.