Australian shares are expected to open significantly higher on Monday tracking a strong rebound in Wall Street indices on Friday, as major economies imposed sanctions on Russia and considered freezing its financial assets.
The local share price index futures rose 2.4%, a 120.2-point premium to the underlying S&P/ASX 200 index close.
The benchmark rose 0.1% on Friday.
Across the border, New Zealand's benchmark S&P/NZX 50 index rose 0.6% in early trade.
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