SP/ASX 200 largely fell -1.8% (-147 pts), closed at 7948 points, fell 4 days in a row, the worst % loss in 6 months, also hit a YTD low, fell -2.7% (-224 pts) for the week, fell 3 weeks in a row.
Among the 150 largest-cap stocks, 29 (19%) closed higher, 25 of them rose with a lower volume. Only 33% of all ASX stocks ended higher.
In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -3.1% to +0.3%. 6 sectors outperformed the market. The market was down -1.6%; Consumer Defensive was up +0.3%, but already the best performer, reflecting a decreasing risk appetite; Real Estate was down -3.1%, the worst performer.
● ALCOA (AAI) rose +1.2% (+$0.61), closed at $52.05, fell -1.6% (-$0.85) for the week, fell 3 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=AAI.AX
● INSIGNIA FINANCIAL (IFL) spiked +9.9% (+$0.42), closed at $4.68, rose 3 days in a row, the best % gain in nearly 2 months, also hit a YTD high, rose +10.1% (+$0.43) for the week after a 3-week losing streak, crossed above MA20 and MA50 ($4.46, $4.3). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=IFL.AX
● CAPRICORN METALS (CMM) largely retreated -5.7% (-$0.46) after a 4-day winning streak, closed at $7.55, the worst % loss in nearly 9 months, also a 27-day low, fell -0.4% (-$0.03) for the week, fell 4 weeks in a row, crossed below MA20 ($7.84). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=CMM.AX
● MACQUARIE GROUP (MQG) tumbled -5.2% (-$11.42), closed at $209.08, fell 4 days in a row, the worst % loss in 7 months, also hit a YTD low, fell -7.7% (-$17.51) for the week, fell 3 weeks in a row, crossed below MA200 ($218.8).
360miq.com/stockinfo?code=MQG.AX
360miq.com/market?data=ASX#tab-3
