The share market is higher, rebounding from Wednesday’s big falls.
All sectors are up, with healthcare stocks leading the way and CBA and Westpac performing the best of the lenders with gains of more than one per cent.
BHP Billiton was slightly down after its single largest shareholder BlackRock announced it had dumped its five per cent stake in the global miner, but Santos shares were up on news that production was underway at its natural gas project in Queensland.
Ten Network shares also jumped 2.7 per cent, as the premiere of The Bachelorette reality TV show overnight proved to be a ratings winner.
KEY FACTS
* At 1201 AEST on Thursday, the benchmark S&P/ASX200 index was up 58.3 points, or 1.17 per cent, at 5,056.4 points.
* The broader All Ordinaries index was up 55.8 points, or 1.11 per cent, at 5,088.3 points.
* The December share price index futures contract was up 48 points at 5,043 points, with 18,226 contracts traded.
* National turnover was 772.8 million securities worth $2.0 billion.