The market finished the week at 6104.04, down 36.91 points from the previous week's close of 6140.95.
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On Friday's trade the All Ordinaries finished down 19.46 points or 0.31 per cent.
On Monday, a standout was plumbing products supplier, Reliance Worldwide (RWC) which surged by 26.6 per cent after raising $946m to help pay for a UK plumbing company acquisition.
Property group, Investa (IOF) also surged by 11.2 per cent after receiving a US$2.37bn (~A$3.1bn) takeover offer from investment giant Blackstone. IOF ended the week on $5.07.
On Tuesday, Westfield (WFD) received court approval for its $32bn takeover by European property giant Unibail-Rodamco. The acquisition, effective from Wednesday, marks the last trading day for WFD on the local market.
On Wednesday, ANZ Bank (ANZ) announced the sale of its OnePath Life NZ business for NZ$700 million to insurer Cigna Corporation.
The sale is expected to garner $50 million for ANZ which ended on $26.80. REA Group (REA) also received ACCC approval for its planned acquisition of property data services firm, Home track Australia for $139 million and ended the week on $87.87.
On Thursday, Super Retail Group (SUL) was 1.3 per cent higher after signing an agreement with digital payments provider Zip Co (Z1P). SUL brands such as Rebel Sport, Supercheap Auto, BCF and Macpac will start utilising the service in-store this July. SUL ended the week on $8.54.
Also MYOB Ltd (MYO) terminated its proposed $180m acquisition of rival Reckon (RKN) due to protracted regulatory approval for the takeover. Both RKN and MYO shares lost eight per cent following the news. MYO ended the week on $2.87.
At the close of trading, the gold price finished at $1299.30 an ounce, the WTI oil price traded at $65.81 a barrel, and the Australian dollar was worth US $0.7567.
In the US on Friday night, the Dow Jones finished up 219.37 points to end the week at 24,636.21 and the Share Price Index (SPI) finished up 34 points at 6029.00 points which should lead to a positive start to Monday’s trade.