SP/ASX 200 slightly rose 0.06% (+4.7 pts) after a 3-day losing streak, closed at 7257 points, rose 0.5% (+37 pts) for the week after a 3-week losing streak.
Among the 150 largest-cap stocks, 81 (54%) closed higher. 52% of all ASX stocks ended higher.
In terms of sectors, 9 sectors closed up, 3 sectors closed down, ranging from -1% to 1.2%. 8 sectors outperformed the market, the market internal was more positive. The market was up 0.1%; Technology was up 1.2%, the best performer; Basic Materials was down -1%, the worst performer.
● NEWS (NWS) largely rebounded 4.7% (+$1.16) after a 3-day losing streak, closed at $25.96, the best % gain in more than 3 months, rose 4% (+$0.99) for the week, crossed above MA20 and MA50 ($25.74, $25.33). The best performer today but with average volume.
360miq.com/stockinfo?code=NWS.AX
● SANDFIRE RESOURCES (SFR) sank -5.5% (-$0.36), closed at $6.14, fell 4 days in a row, the worst % loss in more than 2 months, also a 29-day low, fell -6.7% (-$0.44) for the week, crossed below MA50 ($6.25). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=SFR.AX
● NEXGEN ENERGY (CANADA) (NXG) sank -4.5% (-$0.28), closed at $5.93, rose 6.7% (+$0.37) for the week, crossed below MA200 ($6.09). The largest increase in volume today.
360miq.com/stockinfo?code=NXG.AX
360miq.com/market?data=ASX#tab-3
