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Business

Esther Linder

Australian shares cap off another week of gains

Santos Woodside Australia

Australian shares finished in the green with the help of the energy sector. (Steven Saphore/AAP PHOTOS)

The Australian share market closed in the green to notch up its third-straight week of gains amid rising global confidence of interest rate cuts this year.

The benchmark S&P/ASX200 index on Friday closed up 27.4 points, or 0.35 per cent, to 7,749.0, while the broader All Ordinaries rose 28.5 points, or 0.36 per cent, to 8,022.7.

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