SP/ASX 200 largely fell -1.8% (-116 pts), closed at 6475 points, fell 6 days in a row, hit a YTD low, fell -6.6% (-457 pts) for the week, fell 2 weeks in a row.
Among the 150 largest-cap stocks, 34 (23%) closed higher. Only 29% of all ASX stocks ended higher.
In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -4.2% to 0.5%. 7 sectors outperformed the market. The market was down -1.8%; Consumer Defensive was up 0.5%, the best performer, reflecting a decreasing risk appetite; Technology was down -4.2%, the worst performer.
● GQG PARTNERS (GQG) largely retreated -5.5% (-$0.09), closed at $1.55, the worst % loss in 1 month, fell -9.6% (-$0.165) for the week after a 3-week winning streak, crossed below MA20 ($1.61). The largest increase in volume today.
● CARSALES.COM (CAR) soared 8.1% (+$1.49), closed at $19.92, the best % gain in more than 26 months, rose 4.2% (+$0.8) for the week, crossed above MA20 and MA50 ($19.41, $19.78). The best performer today with a huge increase in volume.
● BLOCK (SQ2) largely retreated -7.8% (-$6.84), closed at $81, hit a record low, fell -26.1% (-$28.67) for the week, fell 2 weeks in a row. The worst performer today with a huge increase in volume.
360miq.com/market?data=ASX#tab-3
