SP/ASX 200 rose 0.7% (+45.2 pts), closed at 6894 points, rose 1% (+65 pts) for the week after a 2-week losing streak, crossed above MA50 (6875 pts).
Among the 150 largest-cap stocks, 72 (48%) closed higher. 58% of all ASX stocks ended higher.
In terms of sectors, 6 sectors closed up, 6 sectors closed down, ranging from -1.1% to 3.3%. 4 sectors outperformed the market. The market was up 0.8%; Basic Materials was up 3.3%, the best performer; Consumer Defensive was down -1.1%, the worst performer.
● NINE ENTERTAINMENT CO (NEC) largely retreated -3.6% (-$0.08), closed at $2.14, the worst % loss in 1 month, fell -1.8% (-$0.04) for the week after a 2-week winning streak. The worst performer today but with average volume.
● MINERAL RESOURCES (MIN) soared 13.6% (+$8.55), closed at $71.51, the best % gain in more than 45 months, also hit a record high, rose 21.8% (+$12.8) for the week. The best performer today with the largest increase in volume.