Oct 7 (Reuters) - Australian shares were set rise at the open on Monday, tracking a bounce in Wall Street after moderate jobs growth in the United States soothed some concerns over a recession in the world's largest economy.
The local share price index futures YAPcm1 rose 55 points or 0.8% to 6,542.0, a 24.9-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark rose about 0.4% on Friday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 rose 0.2% in early trade.