Australia shares set to rise at the open, NZ edges lower

Credit: REUTERS/JASON REED

Australian shares are set to open higher on Friday, likely snapping four straight weekly declines as relaxation of coronavirus-related curbs amid a slowdown in new daily infections revived risk appetite.

Sept 18 (Reuters) - Australian shares are set to open higher on Friday, likely snapping four straight weekly declines as relaxation of coronavirus-related curbs amid a slowdown in new daily infections revived risk appetite.

The local share price index futures rose 0.3%, a 3.2-point discount to the underlying S&P/ASX 200 index close. The benchmark fell 1.2% in the previous session.

In New Zealand, the benchmark S&P/NZX 50 index edged lower in early trade.

(Reporting by Sameer Manekar in Bengaluru; Editing by Sandra Maler) ((Sameer.Manekar@thomsonreuters.com; +918061823447;)) ((For more information on DIARIES & DATA: U.S. earnings diary [RESF/US] Wall Street Week Ahead [.N/O] Global Economy Week Ahead [DATA/] ................................................................ For latest top breaking news across all markets

[NEWS1])) Keywords: AUSTRALIA STOCKS/MORNING

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