SP/ASX 200 rose +0.6% (+42 pts), closed at 7629 points, rose +0.7% (+53 pts) for the week, rose 2 weeks in a row.
Among the 150 largest-cap stocks, 114 (76%) closed higher. 57% of all ASX stocks ended higher.
In terms of sectors, all sectors were up with gains from +0.2% to +4.5%. 4 sectors outperformed the market. The market was up +0.8%; Technology was up +4.5%, the best performer, reflecting an increasing risk appetite; Basic Materials was up +0.2%, but already the worst performer.
● BLOCK (SQ2) largely rebounded +9.8% (+$10.42), closed at $116.44, the best % gain in more than 2 months, rose +2.3% (+$2.63) for the week, rose 2 weeks in a row, crossed above MA20 ($115.27). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=SQ2.AX
● EVOLUTION MINING (EVN) tumbled -5.6% (-$0.22), closed at $3.73, the worst % loss in more than 3 months, also a 22-day low, fell -7.9% (-$0.32) for the week, fell 2 weeks in a row. The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=EVN.AX