The Australian share market has capped its worst week since October 2008 with a modest gain.

The benchmark S&P/ASX200 finished Friday up 33.7 points, or 0.7 per cent, at 4,816.6, while the broader All Ordinaries index gained 44.9 points, or 0.93 per cent, to 4,854.3.

One Aussie dollar was buying 58.54 US cents, up from 56.89 US cents at Thursday’s ASX close.