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Australia shares set to open higher, NZ rises

    Sept 2 (Reuters) - Australian shares are likely to open
higher on Wednesday after three consecutive sessions of losses,
tracking gains on Wall Street bolstered by better-than-expected
U.S. manufacturing activity, which fueled optimism about the
economic recovery.
    The local share price index futures          rose 0.4%, a
3.4-point discount to the underlying S&P/ASX 200 index        
close. The benchmark fell 1.8% on Tuesday.
    Across the Tasman Sea, New Zealand's benchmark S&P/NZX 50
index         rose up to 0.5% in early trade.
    

 (Reporting by Sameer Manekar in Bengaluru; Editing by Sandra
Maler)
  
 
 
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