Oct 27 (Reuters) - Australian shares are expected to tick up on Friday, inspired by an advance on Wall Street, while a Brent crude close at heights not seen in over two years is seen pushing energy stocks higher.
Brent crude closed at a 27-month high on Thursday as the market focused on comments from Saudi Arabia about ending a global supply glut. O/R .N
The local share price index futures YAPcm1 rose 0.2 percent or 10 points to 5,908, a 8.3-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark recovered from a drop to rise 0.2 percent on Thursday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 rose 0.1 percent in early trade.
In a move to allow the government to ban foreign speculators buying New Zealand existing homes, Prime Minister Jacinda Ardern said on Thursday she would seek to renegotiate the Trans-Pacific Partnership agreement in Vietnam in two weeks' time.