SYDNEY, Nov 25 (Reuters) - Australian stocks were poised for a cautious start on Wednesday amid heightened geopolitical tensions, but a rally in oil prices could underpin energy shares.
Pointing to a slightly positive open for the cash market, share price index futures YAPcm1 rose a modest 0.4 percent to 5,253.0, a 26.6-point premium to the underlying S&P/ASX 200 index .AXJO .
The benchmark fell 1.0 percent on Tuesday, snapping a five-session winning streak.
New Zealand's benchmark S&P/NZX 50 index .NZ50 was a touch firmer in early trade at 6,101.95.
Turkey shot down a Russian warplane near the Syrian border on Tuesday, prompting President Vladimir Putin to warn of "serious consequences". urn:newsml:reuters.com:*:nL8N13J14S
For a summary of overnight action across global markets, double click on AU/CALL
For a digest of the day's business stories in Australian newspapers, double click on PRESS/AUB