(Updates to opening)
MELBOURNE, Nov 6 (Reuters) - Australian stocks gained 1.5
percent in early trade on Friday, boosted by solid company
earnings and better economic news that sparked a rally on Wall
Street.
The benchmark S&P/ASX index <.AXJO> rose 66.6 points to
4,574.6 at 2312 GMT, after losing 0.7 percent on Thursday.
New Zealand's benchmark NZX 50 index <.NZ50> rose 0.7
percent to 3,167.5.
Australian toll road operator Transurban Group <TCL.AX>
jumped another 3.4 percent after soaring nearly 20 percent on
Thursday after it rejected a $4.4 billion buyout approach from
two Canadian pension funds, but left the door open to a better
offer. [ID:nSYD544423 ]
(Reporting by Victoria Thieberger; editing by Jonathan
Standing)