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Australia shares set to rise on U.S. stimulus hopes

    Oct 26 (Reuters) - Australian shares are expected to open
firmer on Monday buoyed by U.S. stimulus talks gathering
momentum as House Speaker Nancy Pelosi reiterated the need for a
round of aid as soon as possible. 
    The local share price index futures          rose 0.3% or 18
points, a 12-point premium to the underlying S&P/ASX 200 index
        close, as at 2144 GMT. The benchmark slipped 0.1% on
Friday.
    Markets in New Zealand were closed for a holiday.
       

 (Reporting by Anushka Trivedi in Bengaluru; editing by Diane
Craft)
  
 
 
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