Australian shares set to open higher, NZ edges up

March 13, 2016 9:34 PM

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SYDNEY, March 14 Australian shares look set to gain when they open on Monday, after global markets took a cheerier view of the European Central Bank's latest stimulus package.

Higher oil prices helped energy stocks. The local share price index futures rose 0.8 percent to a hefty 58-point premium to the underlying S&P/ASX 200 index's close. The benchmark missed most of the global rally on Friday, edging up 0.4 percent to 5,171.20. New Zealand's benchmark S&P/NZX 50 index r...

Also read: U.S. Consumer Spending Rises at More Moderate Pace, Incomes Jump

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