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AAP

Business

Adrian Black

Aussie shares soar to three-month highs as miners fly

CBA Matt Comyn Paul McKenzie AGL ASX

The ASX closed 1.66 per cent higher, lifted by gains in the banking sector. (Mick Tsikas/AAP PHOTOS)

Australia's share market is trading at its highest level since late October after CommBank shares rocketed higher on a record $5.4 billion first-half cash profit.

The S&P/ASX200 jumped 147.4 points on Wednesday, up 1.66 per cent, to 9,014.8, while the broader All Ordinaries rose 141.9 points, or 1.55 per cent, to 9,281.8.

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