April 22 (Reuters) - Australian shares are set to open higher on Thursday, rebounding from two straight sessions of losses, as Wall Street and global stocks ended higher overnight.
The local share price index futures YAPcm1 rose 0.5%, a 8.5-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 0.3% on Wednesday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 rose 0.5% in early trade on Thursday.