SP/ASX 200 rose +0.5% (+38 pts), closed at 7860 points, rose 3 days in a row, rose +2.1% (+158 pts) for the week after a 2-week losing streak.
Among the 150 largest-cap stocks, 95 (63%) closed higher, 77 of them rose with a lower volume. 52% of all ASX stocks ended higher.
In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -2.9% to +1%. 5 sectors outperformed the market. The market was up +0.4%; Basic Materials was up +1%, the best performer; Utilities was down -2.9%, the worst performer.
● IDP EDUCATION (IEL) largely rebounded +5.7% (+$0.82), closed at $15.33, fell -3.9% (-$0.62) for the week, fell 2 weeks in a row. The best performer today with a slight decrease in volume.
360miq.com/stockinfo?code=IEL.AX
● MERIDIAN ENERGY (MEZ) largely retreated -6.1% (-$0.38), closed at $5.85, fell -6.3% (-$0.39) for the week. The worst performer today but with average volume.
360miq.com/stockinfo?code=MEZ.AX
● LIFE360 (360) tumbled -6.1% (-$0.89), closed at $13.8, the worst % loss in 6 months, also a 26-day low, fell -9.8% (-$1.5) for the week, crossed below MA50 ($14.29). The largest increase in volume today.
360miq.com/stockinfo?code=360.AX
360miq.com/market?data=ASX#tab-3
