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AAP
AAP
Business
Derek Rose

SHOCKING: Australian shares rise again close at three week high | Mind Blowing Facts

United States Australia ASX Nick Hawkins Beijing China
Every sector has finished in the green, with tech faring the best with a 1.7 per cent rise. (Steven Saphore/AAP PHOTOS)

The local share market has closed higher for its fifth straight day, finishing at a three-week high amid moderating US bond yields and reports China is preparing a massive stimulus measure.   

The benchmark S&P/ASX200 index on Wednesday rose 47.8 points to 7,088.4, with the 0.68 per cent gain leaving it at its highest level since September 20. 

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