Shares on the ASX edged higher after choppy morning trade, mirroring uncertainty on Wall Street. -AAP Image
The Australian share market has overcome a choppy morning to finish the day higher, while notching its best weekly performance for 2025.
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As markets closed the S&P/ASX200 was 8.6 points higher, or 0.11 per cent, to 7927.5, as the broader All Ordinaries edged up 5.6 points, or 0.7 per cent, to 8154.5.
Four of 11 ASX sectors were trading higher - although some only just - as final trades were being settled, led by a massive 3.9 per cent gain in consumer staples.
The segment rally came after a supermarket industry inquiry cleared Woolworths and Coles of price-gouging and made no recommendations to break-up the oligopoly it found the two giants dominate.
The Australian dollar fell against a bouncing US dollar to buy 62.88 US cents, down from 63.38 US cents on Thursday at 5pm.Â
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