End-of-day summary:
The ASX 200 briefly reclaimed the 8000 handle before paring an eighth straight advance.
The Australian benchmark finished 17 points or 0.22% ahead at 7997.7 after trading as high as 8025. The index had not traded above 8000 since a US recession scare and the collapse of the yen carry trade earlier this month triggered a three-day plunge on global financial markets earlier.
Tech stocks, utilities, miners and banks kept the market on the rise today, offsetting mostly modest falls among property trusts, industrials and consumer staples.
Today's eighth straight rally mirrored a similar win streak on Wall Street. The S&P 500 put on 0.97% overnight.
