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Business

Adrian Black

Australian shares snap eight-session run of losses

The ASX is back in positive territory after more than a week of market misery. (Lukas Coch/AAP PHOTOS)

Australia's share market has broken its worst losing streak since 2018 as oil prices eased from four-year highs and strong US earnings boosted investor sentiment.

The S&P/ASX200 gained 64 points on Friday, up 0.74 per cent, to 8,729.8, while the broader All Ordinaries improved by 67 points, or 0.75 per cent, to 8,954.6.

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