Aussie shares edge lower after record-breaking week
The S&P/ASX200 has edged lower but held on to most of the week's gains. -AAP Image
Australia's share market has clutched its highest Friday close, as earnings season continues to deliver encouraging results for its large caps.
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The S&P/ASX200 shaved 4.8 points on Friday, down 0.05 points, to 9,081.4, as the broader All Ordinaries gave up 13.4 points, or 0.14 per cent, to 9,303.2.
The top-200 eased after hitting an intraday record above 9,118 on Thursday, but appeared to defend most of its gains to clinch its highest weekly close and jumping 1.8 per cent over the five sessions.
It was a mixed bag at a sector level with six of 11 ending the day lower, led by IT stocks, retail and communications services, while utilities, real estate and energy stocks forged ahead.
The Australian dollar is buying 70.33 US cents, down from 70.54 US cents on Thursday at 5pm.
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