By Oliver Gray
Investing.com - The S&P/ASX 200 finished Friday’s session little changed at 7,114.5, capping off the week with gains of 1.2% and trading at 10-week highs as risk sentiment remained optimistic throughout the week amid a flurry of earnings reports from both local and U.S. companies.
Among stocks, gains were led by Energy as Woodside Energy Ltd (ASX:WDS) added 4.2%, Santos Ltd (ASX:STO) lifted 6.4%, Beach Energy Ltd (ASX:BPT) added 3.4% and Viva Energy Group Ltd (ASX:VEA) gained 1.8%.
Materials lifted 0.8% overall with Rio Tinto Ltd (ASX:RIO) adding 1.5%, BHP Group Ltd (ASX:BHP) up 1%, Fortescue Metals Group Ltd (ASX:FMG) adding 0.4% and Champion Iron Ltd (ASX:CIA) lifting 1.2%.
Real estate led declines, falling 1.5% collectively as Charter Hall Group (ASX:CHC) dipped 0.7%, Goodman Group (ASX:GMG) lost 2.6%, Stockland Corporation Ltd (ASX:SGP) fell 2.1% and Scentre Group Ltd (ASX:SCG) retreated 1.4%.
Health Care fell 0.9% overall, with CSL Ltd (ASX:CSL) down 1.5%, Fisher & Paykel Healthcare Ltd (ASX:FPH) falling 5.2% and Resmed Inc DRC (ASX:RMD) down 1.1%.
TPG Telecom Ltd (ASX:TPG) shed 12.4% after reporting sales and profit below analyst expectations.
On the bond markets, Australia 10-Year rates were at 3.426% while United States 10-Year yields were at 2.932%.
In New Zealand, the NZX 50 dipped 1.1% to 11,684.8.