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ASX drops below 6100, dragged by Woolies, Westpac and Afterpay Touch

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The S&P/ASX 200 closed at 6089, the highest value in seven sessions. Bingo Industries was slashed with a 50 pc drop.

Australian shares have closed Friday's session higher despite some turbulent movements with Domain shares climbing more than 20 per cent.

The Australian sharemarket closed lower on Thursday, weighed by losses from Telstra, AMP and Suncorp.

S&P/ASX 200 closed 15.5 points lower at 6063. It hit 6094 in early trading and got dragged down in the afternoon.

The ASX is up 0.4 per cent to 6085 with energy and health stocks leading.

S&P/ASX 200 closed 10 points lower at 6060 after reaching a high of 6084 in the morning.

Australian shares closed lower on Friday led by NAB while the Aussie dollar took a hit following the RBA's Statement on Monetary Policy.

NAB has announced both its chairman Ken Henry and CEO Andrew Thorburn will leave the bank in the wake of the royal commission.

The S&P/ASX 200 has reached a fresh three month high after IT and industrial stocks added to yesterday's bank gains.

The S&P/ASX has closed above 6000 for the first time since October. Westpac up 7.4 per cent.