Shares in Australian media companies rebounded after US president Donald Trump paused tariffs for some countries for 90 days.
On Wall Street overnight the SP500 was up 9.5%, its biggest gain since 2008 and the Dow Jones index added almost 8%.
The ASX was up 6% in early trade, with media stocks ahead of the surge.
News Corp was more than 11% higher at $50.70 and local media player Nine Entertainment added more than 6% to $1.397.
Outdoor media specialist oOh! was more than 7% higher at $1.46
Enero, the owner of creative agency BMF and PR agency Hotwire, was up 6% to $0.615.
Media group Seven West Media was almost 1.5% higher at $0.137.
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