The Australian share market is higher in early trade, as investors hold on to the positive momentum from the past few sessions.

The benchmark S&P/ASX200 stock index was up 0.2 per cent after the first half-hour of trade on Thursday, with mining shares leading the broad-based gains.

While there was not much of a lead from Wall Street overnight, the local market was still in catch-up mode with the recent gains in international markets, Australian Stock Report's head of trading Chris Conway said.

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