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Australian share market opens higher

Xinhua, March 31, 2015 Adjust font size:

The Australian share market was higher at the opening on Tuesday.

Resources stocks rebounded despite weak commodity prices.

At the official market open, the benchmark S & P/ASX200 index rose 66.5 points, or 1.14 percent, to 5912.6, while the broader All Ordinaries index rallied 63.7 points, or 1.1 percent, to 5880.

Meanwhile the ANZ/Roy Morgan consumer confidence survey released this morning showed Australian's confidence rose 0.8 percent last week, as low interest rates, cheap petrol and booming house prices made households more upbeat about their finances. Endite