Aust stocks set to open higher

Local market expected to begin stronger after gains on Wall St last week.

The Australian stock market looks set to open higher following gains on Wall Street despite disappointing US jobs data.

At 0645 AEDT, the March share price index futures contract was up 37 points at 5,159.

The US Labor Department said the economy added 113,000 jobs in January, far below the 175,000 forecast.

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