The Australian share market recovered from three straight sessions of losses, closing higher on Thursday as China's services sector data exceeded expectations. Financials led gains with major banks rising strongly, while miners bounced back sharply from Wednesday's heavy selloff. Energy stocks retreated on oil price softness, and several large names traded ex-dividend. Upcoming US jobs data and local dividend payments remain key catalysts ahead.

Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean.

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