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Reuters
Reuters
Business

Australia shares set to open higher as robust commodity prices benefit miners

FILE PHOTO: Pedestrians are reflected in a window in front of a board displaying stock prices at the Australian Securities Exchange (ASX) in Sydney, Australia, February 9, 2018. REUTERS/David Gray

Australian shares are likely to open higher on Tuesday, helped by heavyweight miners benefiting from stronger commodity prices and ahead of important domestic production results and U.S. markets restarting after a holiday.

The local share price index futures rose 0.6%, a 27-point discount to the underlying S&P/ASX 200 index close. The benchmark fell 0.8% on Monday.

New Zealand's benchmark S&P/NZX 50 index was flat in early trade.

(Reporting by Soumyajit Saha in Bengaluru)

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