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AAP
AAP
Business
Derek Rose

Australian shares rebound slightly after sharp sell-off

The banking sector has closed higher but Woodside has fallen 6.8 per cent to a two-year low. (Bianca De Marchi/AAP PHOTOS)

The local share market has put together a modest bounce, clawing back some of the previous day's sharp losses - although energy stocks continued their decline.

The benchmark S&P/ASX200 index on Thursday finished up 31.9 points, or 0.4 per cent, to 7,982.4, while the broader All Ordinaries gained 30.7 points, or 0.38 per cent, to 8,187.7.

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