The Australian share market has finished the week in positive territory after a modest rise on Friday, with tech, retail and property stocks driving the gains.
The market rose by just over half a percent on Friday, doing enough to push into the green for the week.
WATCH THE VIDEO ABOVE: Australian share market finishes week higher as tech and retail stocks rally
Tech, retail and property stocks were among the standout performers across the sectors.
Energy firms like Woodside were surprisingly quiet on Friday, despite a 4 per cent lift in oil prices amid sky-high tensions in the Middle East.
Gold miners, which have fallen in recent weeks due to sluggish commodity prices, mostly rose today.
Capricorn Metals also paid investors just its second ever dividend.
Mexican fast food chain Guzman fell, despite flagging a strong lift in sales across its network of restaurants over the past three months.
Among the retailers, Premier Investments, which owns sleepwear chain Peter Alexander, rose strongly.
Looking forward, the Reserve Bank now has just two interest rate decisions left this year, which is why investors will be bracing for next Thursday’s latest jobs data.
The Australian dollar has strengthened, buying roughly 69.8 US cents.
This article is published as part of a paid partnership with the CommSec.
Facts and dates are correct at the time of publication. This is general information only and does not constitute personal financial advice. Consider seeking advice from a qualified financial professional before making financial decisions.
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