SP/ASX 200 rebounded 1.1% (+80.6 pts), closed at 7146 points, rose 1% (+71 pts) for the week after a 4-week losing streak.
Among the 150 largest-cap stocks, 105 (70%) closed higher. 65% of all ASX stocks ended higher.
In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -1% to 6.2%. 3 sectors outperformed the market. The market was up 1.3%; Technology was up 6.2%, the best performer, reflecting a more aggressive market sentiment; Real Estate was down -1%, the worst performer.
● BLOCK (SQ2) largely rebounded 9.9% (+$11.54), closed at $127.64, rose 11.1% (+$12.76) for the week after a 6-week losing streak. The best performer today but with average volume.
● CONTACT ENERGY (CEN) largely retreated -5.4% (-$0.4) after a 3-day winning streak, closed at $6.95, the worst % loss in more than 6 months, rose 3% (+$0.2) for the week after a 3-week losing streak, crossed below MA20 and MA50 ($7.13, $7.31). The largest increase in volume today.
● UNIBAIL-RODAMCO-WESTFIELD (URW) largely retreated -8.9% (-$0.48), closed at $4.92, the worst % loss in more than 2 months, fell -7.9% (-$0.42) for the week, crossed below MA20, MA50 and MA200 ($5.14, $4.94, $5.14). The worst performer today with a huge increase in volume.
360miq.com/market?data=ASX#tab-3
