The S&P/ASX 200 finished Friday down 0.68 per cent and down 1.1 per cent for the week, with the materials sector down 3.2 per cent as iron ore and copper prices continued to fall.

Fortescue finished down 6.2 per cent, with BHP Billiton off 3.5 per cent.

Elsewhere, funds manager Pendal lost 7.8 per cent it revealed a June quarter of fund outflows.

While lotto operator Jumbo Interactive lost 15 per cent after reporting weaker-than-expected transaction volumes.