ASX last reached these heights in January 2008 before the GFC wiped about 50% of the value off the market

The Australian share market has surged to an 11-year high, with tech and health stocks in the ascendancy after the S&P 500 and the Nasdaq hit record closes overnight.

The benchmark S&P/ASX200 index was up 67.6 points, or 1.07%, to 6,387.0 points at 1200 AEST on Wednesday, while the broader All Ordinaries rose 63.2 points, or 0.99%, to 6,474.3.

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Read More Australian share market soars to 11-year high, led by tech and health stocks

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