SP/ASX 200 rebounded 0.5% (+34.5 pts), closed at 6893 points, rose 1.6% (+107 pts) for the week, rose 2 weeks in a row.
Among the 150 largest-cap stocks, 87 (58%) closed higher. 52% of all ASX stocks ended higher.
In terms of sectors, 7 sectors closed up, 4 sectors closed down, 1 sector remained unchanged, ranging from -0.8% to 3.3%. 3 sectors outperformed the market. The market was up 0.7%; Technology was up 3.3%, the best performer, reflecting an increasing risk appetite; Healthcare was down -0.8%, the worst performer.
● BLOCK (SQ2) largely rebounded 10.9% (+$9.56) after a 3-day losing streak, closed at $97.03, the best % gain in more than 5 months, also a 33-day high, rose 6.3% (+$5.78) for the week, rose 2 weeks in a row, crossed above MA20 and MA50 ($90.28, $93.72). The best performer today with a significant increase in volume.
● JANUS HENDERSON GROUP (JHG) largely fell -3.7% (-$1.3), closed at $33.64, fell 3 days in a row, the worst % loss in 1 month, fell -2.4% (-$0.84) for the week, crossed below MA20 and MA50 ($33.86, $34.09). The worst performer today with a slight increase in volume.
● UNIBAIL-RODAMCO-WESTFIELD (URW) largely fell -3.7% (-$0.14), closed at $3.63, fell -0.8% (-$0.03) for the week after a 4-week winning streak.