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The Australian share market has opened a quarter of a per cent higher.

At 1010 AEDT on Wednesday, the benchmark S&P/ASX200 index was up 13.2 points, or 0.25 per cent, at 5,406.0, while the broader All Ordinaries index was up 13.4 points, or also 0.25 per cent, at 5,415.6.

On the ASX 24, the March share price index futures contract was up eight points at 5,371, with 6,375 contracts traded.