Aust stocks close stronger

Local market continues to trade at its highest level since mid-2008.

The Australian sharemarket is stronger at the close, reaching its highest level since June 2008.

Financials buoyed the index as investors anticipate promising earnings reports starting with ANZ Group on Thursday next week.

At the 4.15pm (AEST) official market close, the benchmark S&P/ASX200 index rose 38.5 points, or 0.7%, at 5,517.8 points, while the broader All Ordinaries index gained 35.1 points, or 0.64%, to 5,502.2 points.

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