The energy sector was up by more than three per cent in early trade as the ASX bounced back. -AAP Image
The local share market has moved modestly higher in early trading, a day after its worst selloff in three months.
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At 10.26am AEST, the benchmark S&P/ASX200 was up 21.7 points, or 0.32 per cent, to 6850.3, while the broader All Ordinaries was up 19.9 points, or 0.28 per cent, to 7091.7.
Seven of the ASX's 11 sectors were up, industrials and consumer discretionary shares were collectively flat and property and health care were down.
The energy sector was the biggest mover, rising 3.1 per cent.
Woodside was up 3.7 per cent and Whitehaven Coal had risen three per cent.
The S&P/ASX200 closed 2.58 per cent down on Wednesday, to a one-week low of 2828.6.
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