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SYDNEY, Feb 1 AAP

February 01 2013, 10:15AM

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

At 1013 AEDT on Friday, the benchmark S&P/ASX200 index was up 18.3 points, or 0.37 per cent, at 4,897.1, while the broader All Ordinaries index was up 17.4 points, or 0.35 per cent, at 4,918.4.

On the ASX 24, the March share price index futures contract was up 18 points at 4,863, with 6,884 contracts traded.