Australian miners hit nearly one-month high as China optimism lifts iron ore

Australian miners .AXMM rise as much as 1.3% to 8,012 points, highest since March 9

Iron ore futures rose overnight, supported by upbeat factory data, hopes of stimulus measures in top consumer China IRONORE/

Iperionx IPX.AX, Greatland Resources GGP.AX top gains on benchmark, adding more than 5% each

AXMM last up 0.9%; set to clock five straight days of gains

Index-heavyweight BHP Group BHP.AX adds 0.3%; Rio Tinto RIO.AX, Fortescue FMG.AX largely flat

Sub-index up more than 7.8% so far this week; set for best week since late February

YTD, AXMM up 9%