The Australian share market has closed on a record high. -AAP Image
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.
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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.
The ASX200's close eclipsed its previous record finish of 8,532.3, set on January 31.
Its intraday record high of 8,566.9, also set on that date, stands.
The Australian dollar meanwhile was buying 62.92 US cents, from 62.74 US cents at 5pm on Tuesday.
Earlier on Wednesday the Aussie had traded above 63 US cents for the first time in two and a half weeks, fetching as much as 63.09 US cents.
