ASX rises 1.1pct for 2nd week of gains

The Australian share market has closed 1.1 per cent higher for its best session since last Friday. -AAP Image

The Australian share market has enjoyed its best day of gains this week to close in the green for a second week in a row, but remains stuck under a key resistance level.

The benchmark S&P/ASX 200 index finished up 76.8 points, or 1.08 per cent, to 7,182.7, but retreated for the fourth time this week after making an early run at 7,200. The All Ordinaries gained 73.8 points to 7,413.1.

For the week ASX200 was up 0.52 per cent.

The Australian dollar was buying 71.35 US cents, from 70.74 cents at Thursday's close.