Feb 26 (Reuters) - Australian shares are seen opening higher on Monday, tracking a recovery on Wall Street as worries over a possible quickening of interest rate hikes dissipated. .N
The local share price index futures YAPcm1 rose 0.5 percent or 31 points to 6,004, a 4.2-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark rose 0.8 percent on Friday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 rose 0.4 percent in early trade, and was headed for its fourth straight session of gains.