September share losses worst monthly hit for a year

The mining sector was the biggest gainer, while energy lost ground as oil prices moderated. (Steven Saphore/AAP PHOTOS)

The local share market has closed modestly higher, but ended September with its worst losses in a year.

The benchmark S&P/ASX200 index on Friday finished up 23.8 points, or 0.34 per cent, to 7,048.6, while the broader All Ordinaries rose 27.2 points, or 0.38 per cent, to 7,249.7.