SP/ASX 200 slightly rose 0.3% (+22 pts) after a 3-day losing streak, closed at 7307 points, fell -0.5% (-40 pts) for the week, fell 3 weeks in a row, crossed above MA50 (7306 pts).
Among the 150 largest-cap stocks, 104 (69%) closed higher. 55% of all ASX stocks ended higher.
In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -1.2% to 3.8%. 9 sectors outperformed the market, the market internal was more positive. The market was up 0.4%; Technology was up 3.8%, the best performer, reflecting an increasing risk appetite; Basic Materials was down -1.2%, the worst performer.
● BRAMBLES (BXB) spiked 7.5% (+$0.9), closed at $12.97, the best % gain in more than 9 months, also hit a YTD high, rose 6.9% (+$0.84) for the week, rose 2 weeks in a row. The best performer today with a huge increase in volume.
● BLOCK (SQ2) surged 5.9% (+$6.38), closed at $115.31, rose 2.4% (+$2.69) for the week, rose 2 weeks in a row, crossed above MA20 ($114.29).
● PERPETUAL (PPT) largely fell -4.2% (-$1.1), closed at $24.85, fell 4 days in a row, the worst % loss in 3 months, also a 30-day low, fell -7.7% (-$2.07) for the week, crossed below MA50 ($25.6). The worst performer today with the largest increase in volume.
● RIO TINTO (RIO) largely fell -3.6% (-$4.48), closed at $118.92, fell 3 days in a row, the worst % loss in nearly 4 months, also a 31-day low, fell -4.3% (-$5.34) for the week, crossed below MA50 ($121.13).
360miq.com/market?data=ASX#tab-3
