Aust stocks set to open higher

Local market expected to begin week stronger on upbeat Wall Street leads.

The Australian sharemarket looks set to open higher, following Wall Street gains on better-than-expected US consumer incomes and spending data and as investors shrug off sabre-rattling over Ukraine.

At 06.45 (AEDT), the June share price index futures contract was up 12 points at 5,5368.

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