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Australia shares seen higher on positive sentiment, energy
February 5, 2015 / 10:44 PM / in 3 years

Australia shares seen higher on positive sentiment, energy

SYDNEY, Feb 6 (Reuters) - Australian shares are set to open
higher on Friday, gearing up for a 12th straight session of
gains as a rise in oil prices is seen as likely to support
energy stocks.
    Wall Street climbed higher on merger news and a bounce in
oil prices. The market focus will be on U.S. monthly employment
data, due out later in the global day.
    Global miner BHP Billiton is poised to rise about
1.5 percent after its U.S. ADRs rose 1.68 percent.
    The local share price index futures rose 39 points
or 0.7 percent to 5,794, a 0.3 percent discount to the
underlying S&P/ASX 200 index close. The benchmark gained
34 points on Thursday, closing at 5,811.
    New Zealand markets are closed for the Waitangi Day public
holiday.

For a summary of overnight action across global markets, double
click on 
       
For a digest of the day's business stories in Australian 
newspapers, double click on 

 (Reporting by Pauline Askin, editing by G Crosse)

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