(Updates to close)
SYDNEY, June 6 Australian shares rose 0.5
percent on Friday as riskier assets globally were boosted by the
European Central Bank's latest stimulus steps to fight off the
risk of deflation.
The S&P/ASX 200 index advanced 27.1 points to end at
5,464, snapping consecutive three sessions of losses. But gains
were capped by caution ahead of key U.S. non-farm payrolls data
due later in the day.
The benchmark index dipped 0.5 percent for the week.
Australian markets will be closed on Monday for the Queen's
New Zealand's benchmark NZX 50 index also rose 0.5
percent, or 22.9 points, to finish at 5,182.4.
Shares in F&P Healthcare, which manufactures
respiratory care products, climbed 1.7 percent to close at an
8-year high of NZ$4.68 after touching all-time highs earlier in
(Reporting by Thuy Ong; Editing by Kim Coghill)