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AAP
AAP
Business
Adrian Black

Australian shares end volatile week on positive note

The S&P/ASX200 and All Ordinaries have advanced after strong performances from miners and banks. (Joel Carrett/AAP PHOTOS)

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.

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