Aust stocks set to open stronger

Friday's strong gains of about 1% on Wall Street expected to boost local market.

The Australian sharemarket looks set to open higher after US stocks surged as strong Google earnings and a large pharmaceutical deal offset worries about worsening international crises in Ukraine and Gaza.

At 6.45am (AEST) on Monday, the September share price index futures contract was up 22 points at 5,507.

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