Australia shares set to open higher, NZ rises

Australian shares were expected to open higher on Monday, after global markets rose last week as investors cheered better-than-expected jobs data from the United States.

The local share price index futures rose 1.6%, a 107-point premium to the underlying S&P/ASX 200 index close.

The benchmark ended 0.7% lower on Friday.

New Zealand's benchmark S&P/NZX 50 index rose 0.8% by 2120 GMT.