SP/ASX 200 fell -0.7% (-45.4 pts) after a 3-day winning streak, closed at 6606 points, fell -1.1% (-72 pts) for the week, is testing MA20 (6605 pts).
Among the 150 largest-cap stocks, 57 (38%) closed higher. 44% of all ASX stocks ended higher.
In terms of sectors, 4 sectors closed up, 7 sectors closed down, 1 sector remained unchanged, ranging from -3.1% to 0.9%. 9 sectors outperformed the market. The market was down -0.7%; Healthcare was up 0.9%, the best performer; Basic Materials was down -3.1%, the worst performer.
● ANGLOGOLD ASHANTI (AGG) tumbled -4.8% (-$0.21), closed at $4.17, the worst % loss in 2 months, also hit a YTD low, fell -4.6% (-$0.2) for the week. The largest increase in volume today.
● GENESIS ENERGY (GNE) largely rebounded 4.2% (+$0.1), closed at $2.5, rose 0.4% (+$0.01) for the week, rose 4 weeks in a row, crossed above MA20 and MA50 ($2.44, $2.41). The best performer today with a huge increase in volume.
● MINERAL RESOURCES (MIN) largely retreated -7.5% (-$3.53), closed at $43.38, the worst % loss in more than 1 month, fell -7.5% (-$3.5) for the week. The worst performer today with a significant increase in volume.
● IGO (IGO) largely retreated -7.1% (-$0.71), closed at $9.24, the worst % loss in more than 1 month, also hit a YTD low, fell -7.3% (-$0.73) for the week.