Australian shares logged their best week in three on Friday, with gains in miners and banks, as global risk sentiment improved after softer-than-expected U.S. jobs data eased further Federal Reserve rate-hike bets.
The S&P/ASX 200 index closed 1.4% higher at 8,844.40 points, its highest closing level since June 18 and best day since June 12. For the week, the index gained 0.9%, its best since the week ended June 12.