The Australian share market has moved higher as every sector except for the miners rallied.

The benchmark S&P/ASX200 index was up 40.8 points, or 0.61 per cent, to 6,706.5 points at 1200 AEST on Wednesday, while the broader All Ordinaries was up 42.0 points, or 0.62 per cent, to 6,792.1.

The tech and consumer staples sectors were the highest climbers, up 2.22 per cent and 1.47 per cent respectively.

Xero was up 2.67 per cent, Appen added 3.30 per cent and Wisetech gained 5.02 per cent as the sector mirrored a strong performance by their counterparts on Wall Street overnight.

A2 Milk was up 5.52 per cent to $15.30, boosting consumer shares, while Inghams was up 1.95 per cent to $4.19, Woolworths was up 0.78 per cent to $34.405 and Coles was up 0.97 per cent to $14.055.

Materials shares – the only ASX sector in the red – slipped 0.34 per cent.

Mining giant BHP was down 0.40 per cent to $40.86 while Rio Tinto was down 0.59 per cent to $103.73 and Fortescue Metals was down 0.28 per cent to $8.905.

The big four banks advanced, with ANZ up 0.25 per cent to $27.76, Commonwealth up 0.95 per cent to $81.74, NAB up 1.35 per cent to $27.04 and Westpac up 0.56 per cent at $28.045.

Wall Street had a mixed session, with the Dow Jones Industrial Average finishing down 0.08 per cent, the S&P 500 up 0.12 per cent and the tech-heavy Nasdaq Composite up 0.54 per cent.

The Aussie dollar is buying 69.21 US cents from 69.52 US cents on Tuesday.