Shares open 7.9pts higher

The Australian share market has opened higher, getting a boost from strong gains in retail stocks.

At 1012 AEST on Wednesday, the benchmark S&P/ASX200 index was up 7.9 points, or 0.14 per cent, at 5,682.6, while the broader All Ordinaries index was up 7.6 points, or 0.13 per cent, at 5,680.7.

On the ASX 24, the March share price index futures contract was up 13 points at 5,684 with 8,563 contracts traded.