Spirits on the Tokyo markets remained high after the US Federal Reserve this week hinted that it was on track for a mid-2015 interest rate rise.
Renewed confidence has helped strengthen the greenback while Asian markets have also rebounded in response to the Fed's interest rate stance.
London's benchmark FTSE 100 index climbed 0.38 per cent to 6,490.44 points compared with Thursday's close.
Australia's richest person, Gina Rinehart, has bought land and cattle in NSW, expanding her presence in the beef industry.
The Australian dollar has recovered from its lowest point in more than four years as the share market enjoyed a Christmas rally.
Chemical company Incitec Pivot is facing some headwinds including rising gas prices and weaker demand for explosives, shareholders heard at its AGM
The share market has risen almost 2.5 per cent in its strongest session since mid-2013.
Energy giant Santos has secured $1b in new debt from the ANZ Bank ahead of a potential balance sheet shakeup in 2015 as GLNG comes online
Stocks of interest on the Australian Securities Exchange at close on Friday
Telstra secures a planning and design contract worth up to $390 million for the NBN rollout which spans up to four years and includes fibre to the node
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