Sept 3 (Reuters) - Australian shares rose on Friday, boosted
by energy and mining stocks, with sentiment aided by a strong
finish on Wall Street overnight.
The benchmark S&P/ASX 200 index climbed 0.4% by 0044
GMT. For the week so far, it is up 0.3%.
Miners added 1%, a day after dropping nearly 3%, as
it benefited from a rise in Chinese ironore futures. Global
miner Rio Tinto jumped 2.3% and Orocobre Ltd
World's largest miner BHP Group Ltd, which tumbled
nearly 7% on Thursday on ex-dividend trade, added more than 1%.
Energy stocks rose as much as 1.8% to hit a
two-and-a-half-week high, underpinned by a rise in oil prices.
Major oil and gas explorer Santos and Woodside
Petroleum gained 2% and 1.8%, respectively.
Supporting the jump in markets, the S&P 500 and Nasdaq eked
out record finishes on Wall Street as higher commodity prices
aided energy stocks and the latest jobs data left investors
unfazed about existing positions.
The heavyweight financials sub-index traded largely
Healthcare stocks added 1%, propelled by
regenerative medicine company Mesoblast Ltd and
laboratory services provider Sonic Healthcare.
Mesoblast has, however, sunk nearly 16% this week, after the
company reported a wider loss.
Sector heavyweight CSL Ltd added as much as 0.9%.
Earlier this week, the state of Victoria joined New South
Wales in abandoning a COVID-19-zero target, with both states now
targeting rapid vaccinations after failing to quell an outbreak
of the Delta variant, even after a weeks-long lockdown.
New Zealand's benchmark S&P/NZX 50 index slipped
0.1% to snap a five-day winning streak. The benchmark, however,
eyed its best week since early-June. SKY Network television
was the top gainer on the index.
Elsewhere, Japan's Nikkei was up 0.44% and S&P 500
E-minis futures were largely unchanged.
(Reporting by Harish Sridharan in Bengaluru; editing by