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SYDNEY, Nov 22 AAP

November 22 2012, 10:11AM

The Australian share market has opened more than half a per cent higher.

At 1010 AEDT on Thursday, the benchmark S&P/ASX200 index was up 28.9 points, or 0.66 per cent, at 4,398.4, while the broader All Ordinaries index was up 27.1 points, or 0.62 per cent, at 4,417.8.

On the ASX 24, the December share price index futures contract was up 31 points at 4,412, with 5,310 contracts traded.