SP/ASX 200 largely rebounded 2.2% (+150 pts) after a 4-day losing streak, closed at 6988 points, the best % gain in more than 15 months, fell -2.6% (-188 pts) for the week, fell 3 weeks in a row.
Among the 150 largest-cap stocks, 122 (81%) closed higher. 71% of all ASX stocks ended higher, good for the market.
In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -2% to 3.2%. 5 sectors outperformed the market. The market was up 2%; Consumer Defensive was up 3.2%, the best performer; Utilities was down -2%, the worst performer.
● BHP GROUP (BHP) largely rose 2.7% (+$1.25), closed at $46.92, rose 2.7% (+$1.22) for the week. The largest increase in volume today.
● CHAMPION IRON (CIA) jumped 8.7% (+$0.51), closed at $6.34, the best % gain in more than 1.5 years, rose 4.8% (+$0.29) for the week, crossed above MA20 ($5.97). The best performer today with a significant increase in volume.
● MERIDIAN ENERGY (MEZ) largely retreated -7.2% (-$0.31), closed at $4.02, the worst % loss in more than 9 months, also a 366-day low, fell -8% (-$0.35) for the week, fell 4 weeks in a row. The worst performer today with a significant increase in volume.
● NEWCREST MINING (NCM) plunged -6.4% (-$1.46), closed at $21.5, fell 5 days in a row, the worst % loss in 20 months, also a 470-day low, fell -14.9% (-$3.76) for the week after a 2-week winning streak.
● MERCURY NZ (MCY) tanked -6.3% (-$0.34), closed at $5.07, fell 3 days in a row, the worst % loss in 8 months, also a 308-day low, fell -6.3% (-$0.34) for the week, fell 3 weeks in a row.
360miq.com/market?data=ASX#tab-3
