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AAP
AAP
Business
Derek Rose

Australian shares hit eight-day high, nudge record

Eight of the ASX's 11 sectors finished higher, with energy, financials and tech closing lower. (Dan Himbrechts/AAP PHOTOS)

The Australian share market has gained ground for a third straight day before another set of monthly inflation figures in the United States that could help set the direction of interest rates. 

The benchmark S&P/ASX200 index on Wednesday rose 24.3 points, or 0.31 per cent, to an eight-day closing high of 7,848.5.

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