(Updates to close)
SYDNEY Feb 28 (Reuters) - Australian shares edged lower in choppy trade on Friday as mixed earnings reports from Woolworths and Virgin Australia held investors back.
The S&P/ASX 200 index dropped 6.6 points to 5,404.8.
The benchmark slipped 0.6 percent for the week, but jumped 4.1 percent for the month, rebounding from a 3 percent loss in January as a healthy earnings season buoyed investor sentiment.
New Zealand's benchmark NZX 50 index gained 0.5 percent to 4,990.0
(Reporting by Thuy Ong; Editing by Kim Coghill)