Australian shares have risen for six of the past seven weeks despite a weak finish in the final session, after miners, banks and real estate trusts came under selling pressure.
The S&P/ASX200 fell 64.6 points on Friday, down 0.71 per cent, to 9082.2, as the broader All Ordinaries lost 69.7 points, or 0.75 per cent, to 9204.5.
It was the third consecutive week of gains for the major indices, but volatility in artificial intelligence stocks, resurgent oil prices and tough domestic economic conditions limited the top-200's upside to 0.7 per cent over the five sessions.
Brent crude topped $US95 a barrel after US President Donald Trump played down recent hopes of a diplomatic solution to the more than eight-month Iran conflict that has roiled energy markets and hampered global growth expectations.
The Australian dollar is trading its lowest value since January, buying 68.03 US cents and down from 68.37 US cents on Thursday at 5pm, as the greenback climbed alongside US bond yields.
