SYDNEY, AAP – The local bourse has ended April with a bang, recovering from the brutal three-day selloff that began last week with its best two-day performance of the year.

The benchmark S&P/ASX200 index closed on Friday with a last-minute surge to finish up 78.1 points, or 1.06 per cent. The broader All Ordinaries index climbed 82.4 points, or 1.08 per cent, to 7724.8.

The ASX200 finished the week down 38.3 points, or 0.51 per cent, and closed April down 64.6 points, or 0.86 per cent.

The Aussie dollar was buying 71.55 US cents, from 71.30 US cents on Thursday.