ASX set to rise again after breaking COVID ceiling

The Australian sharemarket is set to rise again after a record-breaking close on Thursday that saw it smash through the COVID ceiling.

As of 7:30am, ASX 200 futures were up 0.5 per cent to 6,935.

The benchmark finished Wednesday at its highest level in almost 14 months, a time before the pandemic crashed the market.

The Australian benchmark also hit 6,934 points during trade on Wednesday, which is another peak not seen since early 2020.