Australian shares are set to open slightly higher on Monday, tracking gains from Wall Street and amid raised hopes of a resolution to the trade war between the United States and China ahead of a March 1 deadline.

The local share price index futures rose 0.1 percent, or 8 points, to 6,138, a 29.3-point discount to the underlying S&P/ASX 200 index close. The benchmark rose 0.5 percent on Friday.

New Zealand's benchmark S&P/NZX 50 index rose 0.2 percent in early trade.

Copyright Reuters, 2019
 

 

 

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