Aussie stocks high at opening

Aussie stocks have opened stronger on Friday buoyed by gains in off-shore markets overnight following fresh signs from the European Central Bank economic stimulus is gathering pace.

At 1010 AEDT on Friday, the benchmark S&P/ASX200 index was up 91.3 points, or 1.73 percent, at 5,355.1, while the broader All Ordinaries index was up 88.4 points, or 1.67 percent, at 5,388.0.

Equity markets have boosted after the ECB hinted it may enact further stimulus and review monetary policy in December, which increased the prospect of further stimulus from central banks around the world, IG markets analyst Angus Nicholson said.

"We're seeing that carry through into Asia today," he said.

"There's speculation now that if the ECB is going to move in December, the Bank of Japan might also step up the easing program at its meeting next week."

ANZ lifted 1.61 percent, the Commonwealth Bank of Australia rose 2.21 percent, the National Australia Bank gained 2.1 percent and Westpac climbed 2.16 percent.

BHP Billiton is up 2.03 percent while rival Rio Tinto is up 1.79 percent while Fortescue Metals is 3.60 percent higher.

Woodside rallied 1.45 percent while Santos gained 2.20 percent.

Woolworths is 1.9 percent stronger while Wesfarmers was up 1.46 percent. Endit