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Australian shares were poised to open slightly higher on Wednesday, likely helped by surging commodity prices, although sentiment was expected to remain under pressure after a weak session on Wall Street overnight.
The local share price index futures was up 0.07%, a 31.3-point discount to the underlying S&P/ASX 200 index close. The benchmark closed 0.8% lower on Tuesday.
New Zealand’s benchmark S&P/NZX 50 index rose by 0.5% at 11,802.62 points by 2130 GMT.