SYDNEY, Feb 29 (Reuters) - New Zealand stocks opened a touch firmer on Monday while their Australian counterparts are set to follow suit though many will be looking for fresh inspiration after a weekend meeting of G20 policymakers ended with no new action to spur global growth.
New Zealand's benchmark S&P/NZX 50 index .NZ50 edged up 0.2 percent, or 11.8 points, to 6,236.75 in early trade. It was at its highest level in nearly two months.
Pointing to a pedestrian start for Australia, share price index futures YAPcm1 drifted up 0.1 percent to 4,860.0, a 20-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark slid 1.5 percent last week.
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