Australian share market advanced for eighth consecutive session on Monday, 18 July 2016, with shares of consumer discretionary and big banks leading the way. At close of trade, the benchmark S&P/ASX 200 index advanced 28.90 points, or 0.53%, to 5538.50. The broader All Ordinaries climbed up 28.80 points, or 0.52%, to 5538.90.