By Steven Daghlian, CommSec Market Analyst
The Australian sharemarket has improved for the 15th time in 20 trading sessions, with the All Ordinaries Index (XAO) up 0.4 per cent or 18.1 pts to 5101.00. Local shares are now hovering around their best levels since August 2008. Global markets were quiet overnight due to the U.S President's Day public holiday which kept American markets closed.
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