The ASX closed flat on Friday, with the energy sector up sharply and banks showing weakness. -AAP Image
The local bourse has closed flat but extended its weekly winning streak to five, its longest such performance in a little over a year, as a rally in the energy sector was counterbalanced by weakness in the big banks.
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The benchmark S&P/ASX200 index on Friday finished up 1.7 points, or 0.02 per cent, to 7114.5, while the broader All Ordinaries gained one point to 7358.7.
For the week the ASX was up 1.17 per cent, having gained ground - however marginally - every day except Thursday. It hasn't lost ground since the week ending July 15, a stretch last equalled in a five-week span from May and June last year.
The Australian dollar meanwhile was buying 69.18 US cents, from 69.10 US cents at Thursday's close.
