The Australian share market at the opening marked more than 2% higher on Thursday, after seeing an increase on Wall Street and major world markets during the night.

At 1015 AEST, the benchmark S&P/ASX200 index was up by 90.6 points, or 2.13% at 4,345.2, whereas the broader All Ordinaries index went up 86.2 points, or 2.02%, to 4,364.

On the Sydney Futures Exchange, the September futures bond was 85 points higher at 4,332 points on income of 10,028 contracts.

Amongst the most important miners, BHP added 82 cents, or 2.19 %, to $38.25 and Rio Tinto jumped $1.60, or 2.43 %, to $67.44.

On Wall Street, during the night, the Dow Jones industrials regained by jumping above 10,000, after investors had considered once more about the heavy sales in the stock market, during the preceding two weeks.

The Dow went up 274.66, or 2.8 %, to 10,018.28. The Standard & Poor's 500 index jumped 32.21, or 3.1%, to 1,060.27, and the NASDAQ composite index increased 65.59, or 3.1 %, 2,159.47.

The Australian Dollar was higher, after the central bank yesterday chose to leave the cash rate in its similar place, thus assuaging worry amongst investors that it may be set to slash rates on the back of global financial apprehensions.