Australian Shares Edge up Again to Hit Eight-Day High

Consumer staples was the biggest mover, rising 2.2 per cent on strong gains for Coles and Endeavour Group

A visitor to the Australian Securities Exchange (ASX) looks at share prices on a big screen in Sydney on Oct. 11, 2018. Peter Parks/AFP via Getty Images

The local share market has finished higher for a fourth day in a row, this time amid solid gains for Coles and plumbing group Reece.

Just as it did Feb. 26, the benchmark S&P/ASX200 index on Feb. 27 shrugged off its midday losses to close slightly higher, rising 10.2 points, or 0.13 per cent, to an eight-day peak of 7,663.0.