Australian shares are set to open higher on Monday taking cues from a strong Wall Street rally on Friday, while firmer commodity prices may lift energy and mining stocks.
The local share price index futures rose 0.7%, a 5.5-point discount to the underlying S&P/ASX 200 index close.
The benchmark fell 2% to end at 7,185.5 on Friday.
New Zealand's benchmark S&P/NZX 50 index rose 0.12% to 13,294.3 in early trade.
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