Australia shares set to extend gains, NZ dips early

SYDNEY, April 20 (Reuters) - Australian shares are set to

open higher on Wednesday, drawing support from rallying Wall

Street indexes and stronger commodity prices.

The local share price index futures rose 0.6

percent, a 24.8-point premium to the underlying S&P/ASX 200

index close. The benchmark rose 1 percent on Tuesday.

New Zealand's benchmark S&P/NZX 50 index fell 0.1

percent in early trade.



(Reporting by Colin Packham, editing by G Crosse)

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