• SYDNEY, AAP – Australia’s share market rebounded from two consecutive days of losses and was 11 points short of its best close since February last year.The benchmark S&P/ASX200 index closed up 57.9 points, or 0.83 per cent, to 7055.4.

    The index is a little more than 100 points from its record high, after returning close to the heights it scaled on Monday.

    The All Ordinaries on Thursday closed higher by 53.1 points, or 0.73 per cent, to 7312 points.

    The Australian dollar was buying 77.51 US cents at 1622 AEST, higher from 77.14 US cents at Wednesday’s close.