Feb 8 (Reuters) - Australian shares are set to open slightly higher on Thursday, extending their recovery into a second session as investors grappled with a global exodus from equities.
The local share price index futures YAPcm1 rose 28 points to 5,818.0, a 58.8-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark rose 0.8 percent on Wednesday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 rose slightly in early trade.