Most sectors have finished higher on Friday as Australian shares notched their best week since May. -AAP Image
Australia's share market has broken a four-week losing streak despite a flat final session, notching its best weekly performance since May.
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The S&P/ASX200 slipped 3.2 points on Friday, down 0.04 per cent, to 8,614.1, while the broader All Ordinaries edged 6.7 points higher, or 0.08 per cent, to 8,918.7.
Eight of 11 local sectors ended the day higher, led by consumer staples, IT stocks and utilities, while financials, real estate plays and the communications segment fell behind.
The Australian dollar is buying 65.33 US cents, down slightly from 65.38 on Thursday evening, but trading at two-week highs on the back of an expected US interest rate cut in December.