The Australian share market edged higher on Wednesday, supported by gains in the materials sector to notch its fourth straight day of gains.
At the closing bell, the S&P/ASX200 index had added just 0.1 per cent, or 4.3 points, to 7,519.2, while the broader All Ordinaries added a similar amount to 7,748.1.
Meanwhile, the Australian dollar sank, shedding 0.1 per cent to US65.71c against the greenback.
Even as the sharemarket was largely unchanged, the benchmark has booked its longest winning streak of the year.
“If you look over five days, all sectors during the green,” Gemma Dale, director of investor behaviour at NAB Trade.
The materials sector – the largest sector on the index – added 1.3 per cent, to be the top performer.
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