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AAP
AAP
Business
Derek Rose

Aussie shares hit record as CBA beats expectations

The Australian share market has closed on a record high. (Steven Saphore/AAP PHOTOS)

A late rally has carried the local share market into uncharted territory after Commonwealth Bank, Suncorp, AGL and Computershare all delivered better-than-expected first-half earnings.

The benchmark S&P/ASX200 index was flat around midday but finished Wednesday up 51.3 points, or 0.6 per cent, at 8,535.3, while the broader All Ordinaries rose 48 points, or 0.55 per cent, at 8,799.6.

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