REA Shares Recover Ahead of ASX Holiday That May Shift Trading
ASX cash trading will pause Monday for the King’s Birthday holiday, with no settlement scheduled. REA Group shares closed at A$158.81 Friday, up 6.58% for the week, while the S&P/ASX 200 fell 0.70%. REA’s A$200 million buyback continues, with 1.10 million shares repurchased so far. The market reopens Tuesday after Wall Street’s sharp Friday drop.