By Derek Rose in Sydney

The local share market has set a record high for the second time this week despite a strong domestic jobs report putting a kibosh on talks of the Reserve Bank cutting rates for Christmas.

The benchmark S&P/ASX200 index on Thursday finished up 71.2 points, or 0.86 per cent, to 8,355.9, eclipsing the previous closing record of 8,318.4 set on Tuesday.

The broader All Ordinaries gained 67.5 points, or 0.79 per cent, to 8,624.1.

The Australian dollar was buying 66.91 US cents, from 66.96 US cents at Wednesday’s ASX close.

News all day, every day at CityNewsQBN.com.au.