The S&P/ASX 200 advanced 73.30 points or 0.84% on Wednesday to close at 8,843.70, setting a new 100-day high. IDP Education Limited led the charge with an 11.70% gain, followed by Pinnacle Investment Management Group Limited, which rose 9.47%. The index has climbed 1.00% over the past five sessions and now sits just 0.06% below its 52-week peak.
Mewanwhile, the S&P/ASX Small Ordinaries Index [XSO] also posted strong gains, finishing 49.50 points or 1.46% higher at 3,435.20. Over the last five days, the index is up 2.45%.