The Australian share market rose for a second consecutive day, buoyed by energy and real estate stocks, despite a volatile session on Wall Street.
S&P/ASX 200 climbed 59.3 points, or 0.7%, to close at 8260.5, defying earlier expectations of a 17-point decline.
A total of 10 of the 11 sectors of the Australian market posted gains on Friday, with energy and real estate leading the charge.
Brent crude's rise boosted oil producers such as Woodside Energy and Santos, which gained 1% and 1.8%, respectively.
Uranium miners Paladin Energy and Boss Energy surged 6.5% and 6.1%, respectively, following the suspension of production at Cameco’s Inkai uranium plant in Kazakhstan.
Meanwhile, the real estate sector climbed 1.2%, with Goodman Group up 1.1% amid optimism over its data centre developments projected for 2025.
On the bond markets, 10-year and 2-year rates were down 0.9% and 0.8% at 4.393% and 3.870%, respectively.