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AAP
AAP
Business
Adrian Black

Commodity prices prop up lethargic equities performance

United States IAG US Federal Reserve
Raw materials, energy and utilities were the only sectors on the ASX to make gains over the week. (Bianca De Marchi/AAP PHOTOS)

Australia's share market has scraped to a second straight week of gains, as strong commodity prices counterbalanced weakness in most sectors.

The S&P/ASX200 edged 16.2 points higher on Friday, up 0.19 per cent, to 8,634.6, as the broader All Ordinaries crept up 19.4 points, or 0.22 per cent, to 8,926.1.

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