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Aussie financial stocks set for best weekly gain in 20 months



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** Australian financial sub-index .AXFJ up nearly 3.5% this week, set for best week since early-October 2022

** The rate-sensitive sub-index rises for a sixth straight session, last up 0.2%

** Data earlier this week showed Australia'aGDP grew less-than-expected in Q1, erasing any chance of another rate hike

** European Central Bank and Bank of Canada also trimmed their key policy rates, raising policy easing hopes globally

** Commonwealth Bank of Australia CBA.AX up nearly 4.5% this week; stock touched record high on Thursday

** National Australia Bank NAB.AX up over 3% this week, set for best weekly gain in six months

** Westpac Banking Corp WBC.AX and ANZ Group ANZ.AX both on track for best week since early March

** AXFJ up 12.1% this year, as of last close, outperforming a 3% gain the benchmark index .AXJO



Reporting by Himanshi Akhand in Bengaluru

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