Australian shares are poised to inch higher on Monday as Joe Biden's victory in the U.S. presidential race after four days of suspense is expected to buoy risk sentiment, while weakness in the U.S. dollar is likely to boost miners.
The local share price index futures <YAPcm1> rose 0.2%, an 11.8-point premium to the underlying S&P/ASX 200 index <.AXJO> close. The benchmark ended 0.8% higher at 6,190.20 points on Friday.
In New Zealand, the benchmark S&P/NZX 50 index <.NZ50> rose 0.6% to 12,415.8 in early trade.
(Reporting by Shruti Sonal in Bengaluru; Editing by Peter Cooney)
