The Australian share market has climbed to a 21-month high after eight consecutive days of gains.
The confidence was concentrated on the healthcare, banking and retails sector, while the big resources names were sold off.
By the close the All Ordinaries Index was 25 points higher at 4,859 and the ASX 200 had added 25 points to close at 4,835.
Shares in the clothing retailer Specialty Fashion Group surged 39 per cent on a strong profit forecast.
The retailer, which owns the women's fashion brands such as Katies, Millers and Crossroads, says its first-half profit will tripled.
Speciality Fashion is expecting a net profit after tax of between $17 million and $18 million in the first half of this financial year.
That figure is up from $6.2 million for the same period last year.
The company credits falling cotton prices and cost cutting for the improvement.
That positive news from clothing retailer helped drive others higher.
Pacific Brands, the owner of Bonds, was up 8.8 per cent to 68 cents.
David Jones closed 2.5 per cent higher and Myer was up a similar amount.
Resmed, which makes products to treat sleep disorders, jumped 7 per cent after reporting that its quarterly profit rose by a quarter.
Shares in the hearing implant maker Cochlear gained 1.4 per cent.
Westpac was the best of the big four banks, finishing up 1.7 per cent to $27.55.
Going the other way, BHP Billiton was down two-tenths of a per cent, while Rio Tinto lost point 4 per cent.
The Australian dollar lost close to a cent against the greenback since yesterday's close, and was worth 104.45 US cents at the close.
The dollar was trading at 78.15 euro cents and 66.22 British pence.
In commodities, spot gold prices were at $US1,699 an ounce, while West Texas crude was worth $US95.36 a barrel.