Australian equities advanced on Wednesday, with the benchmark S&P/ASX 200 index rising 0.3% to close at 8,816.2 points.
The gain was propelled by strength in the mining and energy sectors, which benefited from supportive commodity prices and a persistent risk premium in energy markets.
Miners led the advance as industrial metals prices held firm, providing a counterweight to earlier concerns about demand outlooks.
Energy stocks also contributed to the index's lift, reflecting ongoing market repricing of supply risks and geopolitical tensions that continue to underpin oil valuations.
The move extends a positive trend for Australian equities, which recently reached their highest level in nearly a month.
The rally has been broad-based, anchored by significant gains in both the resource and financial sectors, signaling renewed investor confidence in the domestic market's resilience.