Australian shares rose 0.6 percent on Friday, boosted by solid euro zone sovereign debt sales and signs that Greece may be moving closer to a vital debt-swap deal, easing concerns over Europe's refinancing capacity and raising risk appetite. The main share index climbed 1 percent for the week taking gains to three consecutive weeks as positive signs in the United States also helped lift battered investor sentiment.
The index is up 4.5 percent so far this year. Miners were among the strongest performers. The benchmark S&P/ASX 200 index rose 24.8 points to 4,239.60, according to latest available data. The benchmark slipped 3.1 points or 0.1 percent to 4,214.8 on Thursday. Rio Tinto climbed 1.2 percent, Fortescue Metals Group was up 2.6 percent and BHP Billiton nudged up 0.4 percent.
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