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AAP
AAP
Business
Derek Rose

Australian shares gain ground in mixed trading session

The Australian share market has traded higher despite insurance company stocks falling amid fires. (Bianca De Marchi/AAP PHOTOS)

The local share market has climbed its highest since Christmas Eve after the release of US jobs data suggesting the world's largest economy is in overall good shape.

The benchmark S&P/ASX200 index on Monday finished up 41.5 points, or 0.48 per cent, to 8,759.4, while the broader All Ordinaries rose 46.8 points, or 0.52 per cent, to 9,092.7.

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