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November 14 2012, 10:14AM

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

At 1010 AEDT on Wednesday, the benchmark S&P/ASX200 index was up 11.5 points, or 0.26 per cent, at 4,391.3, while the broader All Ordinaries index was up 10.3 points, or 0.23 per cent, at 4,414.5.

On the ASX 24, the December share price index futures contract was up 10 points at 4,399, with 8,908 contracts traded.