ASX200 finishes up 0.6pct, at 2-month high

ASX
Oil producers lost ground on Friday as crude prices dropped, but the miners made up for it. -AAP Image

The Australian share market has finished at a two-month high after gaining ground for a third straight week.

The benchmark S&P/ASX200 index on Friday finished up 40.7 points, or 0.58 per cent, to 7015.6, the first time since June 9 it has closed above the 7000 level.

The broader All Ordinaries rose 42.8 points, or 0.59 per cent, to 7250.3.

Meanwhile the Australian dollar was buying 69.66 US cents, up from 69.63 US cents on Thursday.