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The Australian share market has been sapped of its recent bullishness during a thin day of trade but the local bourse shook off a subdued resources sector to remain at a near 11-year high.

The benchmark S&P/ASX200 index had been as much as 0.3 per cent lower early on but finished up 3.5 points, or 0.05 per cent, at 6385.6 points at 1615 AEST on Friday.

The broader All Ordinaries was just 2.6 points, or 0.04 per cent, higher at 6473.2.

Energy was the worst performing sector with a 1.47 per cent decline after oil prices eased but a bounce for three of the big four banks and biotech giant CSL helped trim overall losses.

The Australian dollar had rebounded a little and was worth 70.24 US cents, from 70.16 on Thursday.