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Australian stocks moved 0.6 percent higher in early trade, helped by a rebound on Wall Street
on earnings optimism, while iron ore miner Fortescue Metals gained after its quarterly production report.
The benchmark S&P/ASX 200 [AU;XJO
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]gained 30.3 points to 4,783.2 at 2310 GMT.
Shares in Fortescue Metals Group Ltd <FMG.AX>, Australia's third-largest iron ore miner, gained 2.4 percent after the company reported a near-20 percent jump in ore shipped in the September quarter as it looked to secure up to $6 billion in development finance.
New Zealand's benchmark NZX 50 rose 0.7 percent to 3,185.8.
Australian stocks are set to open higher on Monday following a rebound on Wall Street, with oil prices gaining on firmer global oil demand, though miners may struggle after declines in base metals prices and gold.
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