Jan 29 (Reuters) - Australian shares are set to open higher on Wednesday as risk appetite starts to recover, though concerns of the economic impact from a virus outbreak in China will likely remain on investors' minds.
The local share price index futures YAPcm1 rose 0.5%, a 17.5-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 1.4% on Tuesday
New Zealand's benchmark S&P/NZX 50 index .NZ50 advanced 0.4% in early trade.