Australian shares are set to open slightly higher on Thursday, tracking Wall Street which surged overnight on strong earnings, but gains are likely to be capped by a fall in commodity prices.
Investors are also waiting for key trade data due to be released later in the day.
The local share price index futures rose about 0.4 percent, a 6.3-point discount to the underlying S&P/ASX 200 index close. The benchmark closed 0.4 percent higher on Wednesday.
New Zealand’s benchmark S&P/NZX 50 index was little changed in early trade.
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Source: Brecorder