ASX Ends Higher as Miners Lead, Guzman y Gomez Gains After U.S. Exit
Australian shares closed up 0.41% at 8,657 on Friday, led by miners and a 9.6% surge in Guzman y Gomez after the fast-food chain announced it would exit the U.S. market. Miners gained 1.3%, while Seek fell 5.6%. Softer jobs data eased rate-hike fears, with unemployment rising to 4.5% in April. The Reserve Bank’s cash rate remains at 4.35%.