Australian shares set for good begin right after Wall St rally

SYDNEY, Dec 7 Australian shares are poised for a rebound on Monday with sentiment enhancing following upbeat U.S. payrolls information sparked a solid rally on Wall Street. Pointing to a firm start, share cost index futures rose .six % to 5,186., a 34.4-point premium to the underlying S&P/ASX 200 index close. The benchmark fell 1.5 percent on Friday and was down .98 percent final week. Energy stocks, however, are unlikely to appreciate significantly relief soon after OPEC members failed to agree on a production ceiling, which means supply could continue to depress oil rates. New Zealand's benchmark NZX 50 index was a tad greater in early trade at six,096.37. For a summary of overnight action across worldwide markets, double click on For a digest of the day's company stories in Australian newspapers, double click on (Reporting by Ian Chua Editing by Kevin Liffey)