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Business

Adrian Black

ASX logs second week of losses as banks, miners weigh

United States Middle East Oil Iran Newmont

The Australian share market has fallen as the Mideast conflict continues to drive oil prices higher. (Steven Saphore/AAP PHOTOS)

Australia's share market has fallen for a fourth-straight session, with banks and miners weighing heavily on the bourse as the Persian Gulf conflict dims the global economic outlook.

The S&P/ASX200 slipped 6.9 points on Friday, down 0.08 per cent to 8,786.5, as the broader All Ordinaries lost 17.8 points, or 0.08 per cent, to 9,006.4.

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