Jun 13, 2025, 13:31 GMT+7
Key points:

• ASX 200 up for a fifth straight week
• Banks up for a fifth week
• Energy stocks highest since mid-Feb
• Gold stocks end at record level

Australian shares wrapped up a fifth week of gains with declines on Friday after Israel's strikes on Iran dampened global risk sentiment.
The S&P/ASX 200 indexfell 0.2% to 8,547.40 points at the close. However, the benchmark was up about 0.6% for the week, marking a fifth straight weekly gain.
Global markets slumped after Israel attacked Iran, as heightened geopolitical uncertainty caused investors to flee equities and find shelter in safe haven assets including gold and the Swiss Franc.
Israel launched a military strike on Iran's nuclear facilities and missile factories on Friday to prevent Tehran from building an atomic weapon. The United States said it had no part in the operation.
Tim Waterer, chief market analyst at KCM Trade, said market anxiety intensified following the Israeli air strikes.
"Traders were less inclined to take on new long positions today until we see how the situation in the Middle East plays out," Waterer said.
The losses on the benchmark were led by a 0.4% fall in heavyweight financials.
Despite Friday's losses, the index notched its fifth consecutive week of gains.
The country's 'big four' banks shed 0.2%-0.7% on the day.
Technology stocksfell 1.2%.
In contrast, energy stocksjumped nearly 5%, hitting their highest since mid-February. The index rose for a third week due to surging oil prices on fears of supply disruptions due to Middle East tensions.
Gold stocksadvanced more than 4%, hitting a record close, as investors rushed to safe-havens amid the Israel-Iran conflict.
New Zealand's benchmark S&P/NZX 50 indexfell 0.8% to close at 12,552.87 points.

Sumber : Reuters