11 straight months of gains for Aussie shares

THE Australian sharemarket has ended the month and the official profit reporting season on a high note, racking up its longest winning streak in 78 years.

The ASX200 closed 0.41 per cent higher at 7534.9 while the All Ordinaries Index gained 0.45 per cent to 7823.3.

CommSec analyst James Tao said both indices achieved 11 straight months of gains, the first time that has happened since 1943.

The ASX 200 rose 1.9 per cent for the month and the All Ords was up 2.08 per cent.

Health stocks were among the big winners on Tuesday.

Clinuvel Pharmaceuticals rocketed 10.69 per cent to $37.78, continuing its strong run since delivering record full-year results last week.

Regis Healthcare rose 5 per cent to $2.07 after delivering a $20m net profit.

But biotech Mesoblast slumped 15.9 per cent to $1.66 after booking a near $US100m ($A136m) full-year loss.