The Australian share market recovered from heavy early losses to end nearly flat on Thursday as financials rebounded strongly following Wednesday's selloff. Locally, banks led gains while healthcare stocks posted modest improvements. Energy and utilities slid on softer commodity prices, though gold miners found some support. Key dividend payments from major financial institutions and upcoming US employment data tonight will shape investor sentiment heading into the final trading sessions of the week.

Steve Daghlian is a Market Analysts at CommSec. Each episode, he breaks down the day's market movements and explains what the numbers really mean.

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