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AAP
AAP
Business
Adrian Black

Aussie shares edge higher in cautious session

Eight of 11 local sectors on the Australian share market have finished higher. (Dean Lewins/AAP PHOTOS)

The local bourse has achieved a new record finish in a choppy start to the trading week, as investors continue to weigh company earnings against their valuations.

The S&P/ASX200 hit a new intraday peak of 8,963, but finished 20.7 points higher for the day, up 0.23 per cent, to a record close of 8,959.3 as the broader All Ordinaries gained 21.4 points, or 0.23 per cent, to 9,233.5.

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