Jan 28 (Reuters) - Australian shares are poised to open lower on Thursday, extending losses from the previous session, likely taking a cue from a volatile session on Wall Street as short-squeeze fallout and concerns about economic recovery weighed.
The local share price index futures YAPcm1 fell 1.1%, a 149.6-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark declined 0.65% on Wednesday.
In New Zealand, the benchmark S&P/NZX 50 index .NZ50 fell more than 1% in early trade.