Aussie shares end week strong as miners, tech recover

要点

• Australian shares have closed a third straight week of gains despite a heavy sell-off. The S&P/ASX200 rose 87 points, or one per cent, to 8806.7 on Friday.
• The broader All Ordinaries gained 100 points, or 1.13 per cent, to 8940.4. Buyers returned to battered technology and mining stocks after earlier selling tied to concerns about artificial intelligence valuations and global growth.
• The Australian dollar was buying 69.47 US cents at 5pm AEDT, slightly lower than Thursday's 69.51 US cents.