CANBERRA: Australian stocks jumped 1.1 percent to hit a three-week high in early trade on Friday, as investors weclomed a new round of monetary easing from the US Federal Reserve designed to boost the world's largest economy.
The benchmark S&P/ASX 200 index had gained 46.1 points to 4,386.5 as of 0012 GMT.
Top miner BHP Billiton Ltd climbed almost 2 percent while rival Rio Tinto Ltd gained 2.7 percent.
New Zealand's benchmark NZX 50 index rose 0.4 percent to 3,799.9 in early trade.
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