Australian, New Zealand shares rise

Australian and New Zealand shares rallied for a third straight session on Friday, with the NZ market recovering all of its Brexit shock fall and the Australian bourse recouping most of its losses. The S&P/ASX 200 index rose 13.23 points, or 0.25 percent, to close at 5,256.6, a one-week high. For the week, the Australian benchmark gained 2.6 percent.
New Zealand's benchmark S&P/NZX 50 index rose 0.42 percent or 28.7 points to finish the session at 6926.23. Miners led Australia's market higher, with BHP Billiton Ltd adding 3.7 percent, while Newcrest, which gained 3.35 percent and Evolution Mining, which surged 7.9 percent joined a broader rally in gold stocks.