* ASX set to rise over 3% for the week
* Financial stocks hit 11-month high
* News Corp (NASDAQ:NWSA)'s ASX shares top the benchmark
Feb 5 (Reuters) - Australian shares rose on Friday, led by banking stocks after the country's central bank signalled it would extend monetary policy support for longer, while overnight Wall Street gains also aided sentiment.
The S&P/ASX 200 index .AXJO rose 1%, or 66.9 points, to 6,832.40 by 0012 GMT, with energy and tech stocks also adding to gains. The benchmark was on track to post a 3.3% weekly jump, its best performance since Nov. 13. The index fell 0.9% on Thursday.
The Reserve Bank of Australia (RBA) said it believes the country's economy would require significant monetary policy support for some time despite a better-than-expected performance last year. this week, RBA left its cash rate at a record low of 0.1%, but surprised markets by extending its quantitative easing programme by another A$100 billion ($76.06 billion). Street's major indexes .SPX .IXIC hit record highs overnight on upbeat corporate earnings and labour data. .N
Tech-heavy Nasdaq's record run helped Australian peers .AXIJ shoot up 2%, with aerial imagery maker Nearmap Ltd NEA.AX leading gains on the sub-index.
Heavyweight financial stocks .AXFJ advanced 1.9% to hit an 11-month high, with the 'Big Four' banks gaining between 0.9% and 2.5%.
Energy sector .AXEJ climbed almost 2% as oil prices rallied on falling inventories and producer club OPEC extending output cuts. O/R
Gas producer Santos Ltd STO.AX and oil drilling services provider Worley Ltd WOR.AX , jumped about 3% each to top the sub-index.
Australia-listed shares of News Corp NWS.AX jumped 12% to hit a record high and were the biggest gainer on the benchmark, as the media giant's quarterly net income more than doubled. New Zealand, the benchmark S&P/NZX 50 index .NZ50 rose 0.3% or 44.8 points to 13,035.4, led by SKY Network Television Ltd SKT.NZ , and seafood processor Sanford Ltd SAN.NZ gaining 2.8% each.
($1 = 1.3148 Australian dollars)