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AAP
AAP
Business
Adrian Black

Deal hopes help Aussie shares end rocky week in front

United States Kyle Rodda Iran Mining Qantas
The share market has ended the week higher thanks to an expected Middle East ceasefire extension. (Joel Carrett/AAP PHOTOS)

Australia's share market has edged higher after a volatile week, supported by hopes of a US-Iran deal and softer-than-expected local inflation that took some pressure off the Reserve Bank.

The S&P/ASX200 gained 138.8 points on Friday, up 1.62 per cent to 8,731.7, as the broader All Ordinaries improved by 145.4 points, or 1.65 per cent, to 8,965.

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