Australia’s ASX 200 rose 16 points, or 0.2%, to close at 8,908 on Friday, extending weekly gains after strong domestic earnings supported consumer discretionary, industrials and commercial services stocks. The index retreated from an earlier more than seven-week high as U.S. stock futures fell sharply following Alphabet’s historic share-price decline, while investors awaited official PMI data from China, Australia’s top trading partner. Markets also weighed the prospect of another RBA interest-rate increase next week after four hikes this year, with Governor Bullock warning inflation could remain elevated for longer than expected. Coles plunged 7.6% after weak supermarket sales and guidance that first-half EBIT would likely be flat, while Wesfarmers, Brambles, Aristocrat Leisure and Woolworths advanced. Private credit rose 0.6% month on month in September, maintaining that pace for a third consecutive month. The ASX 200 gained 1.3% for the week and 1.4% in October, after falling 3.2% in September.