Australia Markets closed

Aust share market closes higher


The Australian share market has closed higher as investors were encouraged by US economic data showing stronger wages growth, and a positive performance from China's share market which resumed trading after a week's holiday.

The benchmark S&P/ASX200 was up 28.6 points, or 0.5 per cent, at 5,739.3 points at 1615 AEDT on Friday, while the broader All Ordinaries index was up 27.7 points, or 0.48 per cent, at 5,805.1 points.

The SPI200 futures contract was up 26 points, or 0.46 per cent, at 5,723 points.