Feb 26 (Reuters) - Australian shares are seen opening higher on Monday, tracking a recovery on Wall Street as worries over a possible quickening of interest rate hikes dissipated. The local share price index futures rose 0.5 percent or 31 points to 6,004, a 4.2-point premium to the underlying S&P/ASX 200 index close. The benchmark rose 0.8 percent on Friday.
New Zealand's benchmark S&P/NZX 50 index rose 0.4 percent in early trade, and was headed for its fourth straight session of gains.
(Reporting by Chris Thomas in Bengaluru, editing by David Evans)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.