Miners have led Australia's stock market higher, helping the bourse snap a three-session losing streak after a US interest rate cut sparked a rally in raw materials.
After spiking more than 80 points in early trade, the S&P/ASX200 closed 15.1 points higher on Thursday, up 0.18 per cent, to 8,594.5.
The broader All Ordinaries was 11.5 points higher by the close, up 0.13 per cent, to 8,879.7.
An early rally sparked by cheaper US borrowing costs faded by the afternoon, after an earnings miss from tech giant Oracle dragged on Nasdaq futures, draining the morning's optimism.
The Australian dollar is buying 66.38 US cents, down from 66.42 US cents on Wednesday afternoon after spiking to four-month highs overnight.
