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The Australian share market has rebounded from early losses to close up, despite heavy losses in the property sector as stocks went ex-dividend.

The benchmark S&P/ASX200 index closed up 25.8 points, or 0.39 per cent, to 6,666.3 points at 1615 AEST on Thursday, while the broader All Ordinaries was up 26.9 points, or 0.4 per cent, to 6,743.

The Aussie dollar is buying 69.99 US cents, from 69.75 US cents on Wednesday.