Australian investors have been cautious amid fears of a softening US market. -AAP Image
Australian shares sank lower into negative territory to close out the splintered week, breaking its run of eight consecutive sessions of gains.
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The benchmark S&P/ASX200 index closed Thursday down 18.2 points, or 0.25 per cent, to 7,219, while the All Ordinaries finished 22.3 points lower, or 0.3 per cent, to 7,412.0.
Thursday's negative close snapped the ASX's eight-session winning streak, its longest since October 2017.
Despite closing out the day in the negative, the market ended the week in the green, up 0.57 per cent, bolstered by earlier gains.
The Australian dollar was buying 66.99 US cents, from 67.32 US cents at Wednesday's ASX close.
The Aussie slipped to a 2023 low against the Kiwi, buying 106.55 NZ cents after the diverging RBA and RBNZ interest rate decisions.
The market will reopen on Tuesday after the long Easter weekend.
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