SP/ASX 200 rose 0.8% (+56.1 pts), closed at 7104 points, rose 3 days in a row, fell -0.2% (-11 pts) for the week after a 5-week winning streak.
Among the 150 largest-cap stocks, 92 (61%) closed higher. 56% of all ASX stocks ended higher.
In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -0.3% to 1.2%. 4 sectors outperformed the market. The market was up 0.7%; Energy was up 1.2%, the best performer; Communication was down -0.3%, but already the worst performer.
● ALUMINA (AWC) largely retreated -4.1% (-$0.065) after a 3-day winning streak, closed at $1.515, the worst % loss in more than 3 months, fell -1.6% (-$0.025) for the week, fell 2 weeks in a row, crossed below MA20 ($1.54). The worst performer today with a slight decrease in volume.
● VIVA ENERGY GROUP (VEA) largely rebounded 6.9% (+$0.19) after a 3-day losing streak, closed at $2.95, the best % gain in more than 26 months, also a 53-day high, rose 6.5% (+$0.18) for the week. The best performer today with a huge increase in volume.
● QANTAS AIRWAYS (QAN) spiked 6.6% (+$0.32), closed at $5.18, a 54-day high, rose 10.2% (+$0.48) for the week, rose 6 weeks in a row, crossed above MA200 ($5.02).
● RAMSAY HEALTH CARE (RHC) largely fell -3.3% (-$2.42), closed at $70.5, the worst % loss in more than 2 months, fell -4% (-$2.9) for the week, crossed below MA20 and MA50 ($72, $71.5). The largest increase in volume today.
360miq.com/market?data=ASX#tab-3
