SP/ASX 200 rose 0.6% (+40.6 pts), closed at 7016 points, a 39-day high, rose 1% (+71 pts) for the week, rose 3 weeks in a row.
Among the 150 largest-cap stocks, 86 (57%) closed higher. 62% of all ASX stocks ended higher.
In terms of sectors, 8 sectors closed up, 3 sectors closed down, 1 sector remained unchanged, ranging from -3.1% to 2%. 6 sectors outperformed the market. The market was up 0.4%; Basic Materials, Utilities were up 2%, the best performers; Technology was down -3.1%, the worst performer.
● BLOCK (SQ2) largely retreated -6.2% (-$7.78) after a 3-day winning streak, closed at $118.3, the worst % loss in more than 1 month, rose 9.1% (+$9.82) for the week, rose 3 weeks in a row. The worst performer today but with average volume.
● LIONTOWN RESOURCES (LTR) jumped 6.7% (+$0.095), closed at $1.505, rose 4 days in a row, a 72-day high, rose 14% (+$0.185) for the week, rose 3 weeks in a row, crossed above MA200 ($1.47). The best performer today with a slight increase in volume.
● NEW HOPE (NHC) tumbled -5.4% (-$0.23), closed at $4.05, the worst % loss in more than 1 month, fell -7.7% (-$0.34) for the week after a 5-week winning streak, crossed below MA20 ($4.27).
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