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Australia’s share market was marginally higher as investors bought banks and sold miners, ensuring the latter would not extend gains from Thursday.

The S&P/ASX200 benchmark index was up 15.2 points, or 0.22 per cent, to 6630.5 at 1200 AEDT on Friday, after mixed results in US trade.

The All Ordinaries added 14.1 points, or 0.2 per cent, to 6861.4.

The financials sector was best, up 0.81 per cent, while consumer staples had a gain of 0.55 per cent.

The materials sector was down 0.38 per cent. Iron ore miners enjoyed whopping gains on Thursday after Brazilian rival Vale said it would not produce as much as forecast.

Meanwhile, the Aussie dollar has climbed to buy more than 74 US cents, as its American equivalent sags against most currencies.

In the US earlier, there was a late fall in trade following a report that Pfizer faced supply chain obstacles related to its coronavirus vaccine.

The nation remains desperate for a vaccine as it struggles with record infections and deaths.

US services industry activity slowed to a six-month low in November, according to a survey, while claims for jobless benefits remain high at 712,000 last week.

In Australia, the Bureau of Statistics has revised its estimate of retail spending for October to a 1.4 per cent rise.

Preliminary data claimed a 1.6 per cent rise.

NSW authorities have been relieved that a Sydney hotel quarantine worker infected with COVID-19 appears to have acquired the virus from a returned overseas traveller.

The woman was the only local infection in the state in 27 days.

Meanwhile, five international flights are due to arrive in Melbourne on Monday as Victoria welcomes overseas travellers.

On the ASX, the big four banks were slightly higher. ANZ gained 1.12 per cent to $23.27, the Commonwealth rose 0.94 per cent to $80.31, NAB increased 0.39 per cent to $23.06 and Westpac climbed 0.44 per cent to $20.29.

The miners slipped. BHP declined 0.46 per cent to $41.06, Fortescue lost 0.89 per cent to $20.46 and Rio Tinto shed 0.21 per cent to $111.96.

Premier Investments chairman Solomon Lew looks set to be re-elected after he received more than 99 per cent of preliminary votes at the company’s annual general meeting.

Premier said online sales for the first 18 weeks of its financial year rose 70 per cent, but gave little other data.

Shares were up 0.39 per cent to $22.92.

The earlier US market results included the S&P 500 falling 2.29 points to 3,666.72. The Dow Jones Industrial Average gained 85.73 points, or 0.3 per cent, to 29,969.52. The Nasdaq composite added 27.82 points, or 0.2 per cent, to 12,377.18.

The Aussie dollar was buying 74.39 US cents at 1200 AEDT, higher from 74.08 US cents at Thursday’s close.