The S&P/ASX 200 ended roughly 0.1% lower on Friday, snapping a four-session winning run, but still gained 1.8% for the week, its second weekly advance, as strong corporate earnings underpinned sentiment, with banks helping limit the day’s losses. Upbeat results came from heavyweight names such as BHP and National Australia Bank, while investors now turn their attention to upcoming earnings from Woodside Energy, Woolworths, Coles and Qantas. During the week, stocks that exceeded expectations were rewarded, with QBE Insurance Group surging sharply, while disappointing results weighed on peers such as Suncorp Group. On the day, banking stocks led the advance, up 0.7%, while tech shares and heavyweight miners mostly weighed. The world’s largest iron ore producer, Rio Tinto, finished 3.1% lower, after it reported annual earnings that fell short of expectations a day earlier, while logistics software provider WiseTech Global dropped 3.8%.