Australian stocks climbed on Friday, underpinned by sharp gains in healthcare plays as solid results from medical device maker Resmed reflected signs of stability in the key US market.

The S&P/ASX 200 index closed up 0.7%, or 45.6 points, to 6,739.20, adding 1.4% for the week.

Local shares of San Diego, US-based Resmed Inc led gains with an 11% jump to a record close, after the company's quarterly results beat expectations.

Export-reliant healthcare stocks rose 1.8% to all-time highs, with sector heavyweight CSL Ltd and hearing devices maker Cochlear Ltd adding 1.6% and 2.6%, respectively.

Meanwhile, gold prices advanced to a 2-week high, driving gains in bullion stocks.

Across the Tasman Sea, the New Zealand benchmark S&P/NZX 50 index fell 0.4%, or 42.88 points, to 10,788.64. It shed 2.5% for the week, dragged by major power retailers. Meridian Energy Ltd fell 2.8% and recorded its worst week ever with an 8.9% drop.