Australia Market Report Headlines

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. (Reporting by Aditya Srivatsav; Editing by Daniel Walli

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