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AAP
AAP
Business
Derek Rose

UNBELIEVABLE: Aussie shares drop from peak but set to finish week up | History Defined

All the ASX's 11 sectors finished lower, with utilities the biggest loser. (Bianca De Marchi/AAP PHOTOS)

The Australian share market has finished lower, giving back most of the previous day's gains that had pushed it to a record high.

The benchmark S&P/ASX200 index on Friday finished down 72.7 points, or 0.87 per cent, to 8,283.2, while the broader All Ordinaries dropped 72.9 points, or 0.85 per cent, to 8,551.2.

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