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Australia shares set to open higher, NZ shares slip

By Reuters News

Nov 9 (Reuters) - Australian shares were likely to open higher on Monday, helped by potential gains in heavyweight miners on steady iron ore pricing, while broader strength could be tempered by losses in gold stocks as bullion prices remained weak.

The local share price index futures rose 0.2%, a 15.2-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 0.5% on Friday.

New Zealand's benchmark S&P/NZX 50 index .NZ50 fell 0.5% in early trade.

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