Welcome to your recap of the trading day.
The numbers
The Australian sharemarket has finished the week in positive territory, as a rally in banks and mining shares helped to offset the decline in healthcare shares, which sagged after US Donald Trump vowed to raise tariffs on medicine imports.
The S&P ASX/200 closed 14.7 points or 0.2 per cent higher at 8,787.70 on Friday, as seven of 11 industry sectors fell, with healthcare stocks the biggest decliner. The positive end to the week came after Wall Street dipped 0.5 per cent on Thursday night, stumbling to its longest losing streak in more than a month.
The Australian dollar was fetching US65.38¢ in the afternoon, down from US65.95¢ on Thursday.
The lifters
Mining stocks were the bright spot on the bourse, as global giant BHP rose 1.3