SP/ASX 200 rose 1.3% (+92 pts), closed at 7279 points, the best % gain in 2 months, rose 1.7% (+122 pts) for the week, crossed above MA20, MA50 and MA200 (7209 pts, 7260 pts, 7245 pts).
Among the 150 largest-cap stocks, 118 (79%) closed higher. 66% of all ASX stocks ended higher.
In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -1.1% to 2.6%. only 2 sectors outperformed the market. Boosting by Basic Materials and Energy, The market was up 1.2%; Basic Materials was up 2.6%, the best performer; Utilities was down -1.1%, the worst performer.
● MERIDIAN ENERGY (MEZ) retreated -2% (-$0.1), closed at $4.82, rose 1.5% (+$0.07) for the week after a 3-week losing streak, crossed below MA20 ($4.83). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=MEZ.AX
● HOMECO DAILY NEEDS REIT (HDN) largely rose 3.2% (+$0.04), closed at $1.285, a 155-day high, rose 6.6% (+$0.08) for the week. The largest increase in volume today.
360miq.com/stockinfo?code=HDN.AX
● WASHINGTON H SOUL PATTINSON & COMPANY (SOL) soared 6.6% (+$2.23), closed at $35.82, the best % gain in more than 26 months, also hit a YTD high, rose 7.2% (+$2.4) for the week, rose 3 weeks in a row. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=SOL.AX
● CHAMPION IRON (CIA) surged 5.9% (+$0.37), closed at $6.64, the best % gain in 5 months, also a 102-day high, rose 14.1% (+$0.82) for the week, crossed above MA200 ($6.56).
360miq.com/stockinfo?code=CIA.AX
● INFRATIL (IFT) fell -2% (-$0.19), closed at $9.27, the worst % loss in more than 1 month, fell -2.8% (-$0.27) for the week after a 3-week winning streak, crossed below MA20 ($9.34).
360miq.com/stockinfo?code=IFT.AX
360miq.com/market?data=ASX#tab-3
