Australian shares rose on Wednesday, following Wall Street's upbeat session overnight, as local miners gained on higher iron ore prices, Reuters reports.
The S&P/ASX 200 index added nearly 0.4 percent at 7,503.9 points. Elsewhere, Nikkei was down by 0.36 percent and S&P 500 E-minis futures slipped by 0.18 percent.
The S&P 500 index closed at record high on Tuesday on gains in Apple Inc and healthcare stocks.
Australia's miners gained by 1.6 percent to lead gains on the benchmark index, as iron ore prices jumped 2% on hopes of strong demand.
Leading gains, Pilbara Minerals added 4.1 percent, followed by Mineral Resources, which climbed 3.5 percent.
The country's major miners, BHP Group, Rio Tinto and Fortescue Metals, added between 1 percent and 2 percent.
Production of LME deliverable KAS-branded aluminium at Kazakhstan’s Eurasian Resources Group has reached the four-million-tonnes milestone
