The market finished the week at 5,947.588, up 61.93 points from the previous week's close of 5,885.64. On Friday's trade the All Ordinaries finished up 3.190 points or 0.05 per cent.
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On Monday, the Australia market started the week on a high point, with broad based gains across most sectors.
It proved a volatile trading day as the ASX 200 index pared early gains after hitting its intraday high, slid into the black in late afternoon, but bounced back with moderate gains before the closing bell. Most sectors posted positive results for this session, with only materials and telecommunication services closing lower.
On Wednesday, BHP Billiton successfully concluded its US$2.5bn bond repurchase plan. The repurchase targeted short-dated US dollar bonds maturing before 2023 and was funded by the company's cash position. Minerals exploration expenditure for the nine months ended March 2017 was US$110m, of which US$110m was expensed.
Total petroleum production for the nine months ended March 2017 decreased by 15 per cent to 156.5 MMboe. BHP climbed slightly following the news and then ended the week on $23.72.
On Thursday, Blackmores announced that it has signed a distribution agreement with the Mesa Group, Vietnam's distribution company with a network of 150,000 retail stores. BKL lifted $3.96 (3.86 per cent) following the news and then ended the week on $106.61.
Wesfarmers announced its retail sales results for the third quarter of the 2017.
Coles headline food and liquor sales increased by 1.2 per cent, with the business investing more in the customer offer. Bunnings Australia and NZ achieved total sales growth of 7.7 per cent during the quarter.
Kmart's total sales increased 2.5 per cent and Target recorded a decline in total sales of 18.1 per cent during the quarter. WES fell slightly and then ended the week on $43.00.
At the close of weekly trading, the gold price finished at $1,269.50 per ounce, the WTI oil price traded at $49.19 a barrel, and the Australian dollar was worth US $0.7488.
