SP/ASX 200 slightly rose 0.2% (+15.8 pts), closed at 7152 points, fell -0.08% (-6 pts) for the week after a 3-week winning streak.
Among the 150 largest-cap stocks, 75 (50%) closed higher. 50% of all ASX stocks ended higher.
In terms of sectors, 7 sectors closed up, the market internal was more positive, 4 sectors closed down, 1 sector remained unchanged, ranging from -1.1% to 2%. 5 sectors outperformed the market. The market was up 0.2%; Utilities was up 2%, the best performer, reflecting a more conservative market sentiment; Technology was down -1.1%, the worst performer.
● MERIDIAN ENERGY (MEZ) soared 5.3% (+$0.22), closed at $4.37, rose 3.8% (+$0.16) for the week after a 2-week losing streak, crossed above MA20, MA50 and MA200 ($4.29, $4.31, $4.34). The best performer today with a slight decrease in volume.
● OZ MINERALS (OZL) largely rose 4% (+$1.04), closed at $27.34, the best % gain in more than 3 months, also a 148-day high, rose 4.1% (+$1.08) for the week, rose 3 weeks in a row. The largest increase in volume today.
● LOVISA (LOV) largely retreated -7.1% (-$1.83) after a 5-day winning streak, closed at $23.85, the worst % loss in more than 8 months, fell -2.4% (-$0.58) for the week after a 4-week winning streak, crossed below MA20 ($24.08). The worst performer today with a huge increase in volume.