Australia's share market has ended the week higher, buoyed by optimism about a solution to the US-Iran conflict and a slightly less gloomy outlook for local interest rates.
The S&P/ASX200 rose 35.3 points on Friday, up 0.41 per cent to 8,657, as the broader All Ordinaries improved 36.4 points, or 0.41 per cent, to 8,877.2.
The top-200 rose 0.3 per cent over the five sessions.
"The US equity market certainly found a bit of momentum towards the middle of the week, and that's helped us higher," IG market analyst Tony Sycamore told AAP.
"And of course the jobs report that we saw yesterday was softer than expected, helping those interest rate-sensitive sectors find their footing and, looking at the weekly performance, it's been the retail-facing sectors and the banks doing well."
