The Australian share market has hung on to finish the trading day over 9,000 points for the first time as all sectors closed in the green.
At Thursday's close, the S&P/ASX200 was up 101.1 points, or 1.13 per cent, to 9,019.1, as the broader All Ordinaries also rose 106.8 points, or 1.16 per cent, to 9,284.2.
The new high marks seven record-breaking sessions in the past nine as the local bourse hit its intraday peak in the final minutes of trade after it had been steadily hovering around the 9,000 mark throughout the day.
Despite it being the busiest company reporting day on Thursday, Capital.com senior market analyst Kyle Rodda said the record run was set up by Wall Street.
"We have seen a bit of strength coming through some cyclical areas in the market over (in the US) and that's rubbed off on ours today," he told AAP.
Mr Rodda said the bar is being set reasonably high for corporates to exceed when it comes to earnings, with recent results showing downside misses have been punished more than the responses to upside surprises.
"The fact that we've got some of these big heavyweights falling throughout the week, yet markets still rocketing higher suggests that there's more going on than local earnings season here," he said.
But the ASX200 breaching the 9,000 mark is significant on a psychological level, pointing to a bullish sentiment in the market.
All 11 sectors on the ASX ended the day in the green, with industrials posting a market leading 3.4 per cent increase.
The industrials sector was powered by supply chain logistics company Brambles, whose share price soared 13.2 per cent following a share buyback and news of profits exceeding estimates.
Transport logistics company Transurban added to the lift, but the sector was moderated by disappointing numbers for fibre cement manufacturer James Hardie which dropped 9.4 per cent, a day after slashing 28 per cent due to disappointing results.
Real estate managed a last minute turn-around, finishing up 0.2 per cent, led by falls for property giant Goodman Group despite a $2.3 billion profit and data centre expansion plans.
The materials sector was up 0.8 per cent as mining giants BHP and Rio Tinto finished the day up 0.7 per cent and one per cent, respectively, after US President Donald Trump backed their planned joint development of an American copper project.
In the consumer discretionary sector - up two per cent - Supercheap Auto and Rebel Sport owner Super Retail announced record sales, leading to its share price jumping 12.3 per cent.
Consumer staples were up 2.1 per cent by the close, backed up by gains from both Woolworths and Coles.
The heavyweight financial sector was up 0.9 per cent with all four big banks in the green, with ANZ leading Westpac in gaining over one per cent by the close.
The Australian dollar is buying 64.17 US cents, down from 64.46 US cents on Wednesday at 5pm.
ON THE ASX:
* The S&P/ASX200 rose 101.1 points on Thursday, or 1.13 per cent, to 9,019.1
* The broader All Ordinaries gained 106.8 points, or 1.16 per cent, to 9,284.2
CURRENCY SNAPSHOT:
One Australian dollar buys:
* 64.17 US cents, from 64.43 US cents on Wednesday
* 94.73 Japanese yen, from 94.93 Japanese yen
* 55.19 euro cents, from 55.39 euro cents
* 47.75 British pence, from 47.76 British pence
* 110.34 NZ cents, from 110.55 NZ cents
