The S&P/ASX 200 index gained 0.1 percent or 6.7 points to 6066.1 at the close. The benchmark inched down 0.1 percent on Thursday, and for the full week declined by the same marginal percentage. Energy stocks gained 0.8 percent on the back of rising oil prices. Heavyweights Woodside Petroleum Ltd and Santos Ltd rose 1.5 percent and 0.8 percent, respectively.
Financial stocks closed slightly higher, ending a five-day streak of losses for the subindex, which shed 2.1 percent for the week. Three of the Big Four banks advanced, led by the 1 percent gain for Australia and New Zealand Banking Group. National Australia Bank Ltd slipped marginally. Shares of mining giants BHP Group Ltd and Rio Tinto Ltd shed 0.6 percent and 0.7 percent, respectively.
New Zealand's benchmark S&P/NZX 50 index dropped 0.4 percent or 39.27 points to finish at 9,245.65. The index gained about 0.8 percent for the week.