Australia stock market today: ASX 200 near record, banks lead week; Rio, GYG slide
The S&P/ASX 200 slipped 0.05% to 9,081.4 on Friday but gained 1.8% for the week. Banks rose 0.7% while miners fell 0.7% as Rio Tinto dropped 3.1% after missing earnings forecasts. QBE reported a full-year net profit of US$2.16 billion. Austal shares jumped 5.5% after winning a A$4 billion defence contract.