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Australian shares edge higher for the week after flat Friday trading

The ASX has held onto some of the gains that took it to new all-time highs this week.

By AAP & CBA Newsroom

24 October 2025

A Chinese official waits on a chair in the corridors outside a the bilateral meeting between Chinese President Xi Jingping and President of the United States of America Donald Trump at the G20 summit in Osaka, Japan. Credit: AAP Image/Lukas Coch

Key points

  • S&P/ASX200 ▼ 6.2 points, or 0.07%
  • All Ordinaries ▼ 4.7 points, or 0.05%

Australia's sharemarket finished trading with a nearly flat session on Friday, but has held onto some of the gains that took it to new all-time highs this week.

The S&P/ASX200 slipped 6.2 points on Friday, down 0.07 per cent to 9,026.6, as the broader All Ordinaries fell 4.7 points, or 0.05 per cent, to 9,324.4.

But the S&P/ASX200 ended the week roughly 0.3 per cent higher, after notching a best-ever close of 9,063 on Tuesday on the back of a mining sector rally.

Six of 11 local sectors moved higher on Friday, led by a 1.3 per cent lift in IT stocks, while weaker banking stocks and a continued sell-off in gold stocks weighed on indexes.

The Australian dollar was buying US65.02c on Friday afternoon, up slightly from US64.92c on Thursday at 5pm, after staying within a tight range against the greenback all week.

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The information presented is an extract of a Global Economic and Markets Research (GEMR) Economic Insights report. GEMR is a business unit of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945.

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