SP/ASX 200 largely fell -1.9% (-125 pts), closed at 6575 points, a 58-day low, fell -2.4% (-164 pts) for the week, fell 2 weeks in a row.
Among the 150 largest-cap stocks, 14 (9%) closed higher. Only 21% of all ASX stocks ended higher.
In terms of sectors, all sectors were down with losses from -0.8% to -6.3%. 5 sectors outperformed the market. The market was down -2.3%; Utilities was down -0.8%, but already the best performer, reflecting a decreasing risk appetite; Technology slumped -6.3%, the worst performer.
● WHITEHAVEN COAL (WHC) spiked 5.3% (+$0.46), closed at $9.2, rose 3 days in a row, hit a record high, rose 6.6% (+$0.57) for the week. The best performer today but with average volume.
● NEXGEN ENERGY (CANADA) (NXG) largely retreated -4.6% (-$0.28), closed at $5.87, a 20-day low, fell -7.6% (-$0.48) for the week, fell 2 weeks in a row, crossed below MA50 ($6.01). The largest increase in volume today.
● BLOCK (SQ2) tumbled -8.5% (-$7.85), closed at $84.2, fell 8 days in a row, the worst % loss in more than 3 months, also a 68-day low, fell -16.6% (-$16.8) for the week, fell 2 weeks in a row. The worst performer today with a significant increase in volume.
● XERO (XRO) plunged -8.3% (-$6.97), closed at $76.53, the worst % loss in more than 4 months, also a 64-day low, fell -8.4% (-$7.06) for the week, fell 2 weeks in a row.
● DOMINO’S PIZZA ENTERPRISES (DMP) plummeted -8.3% (-$4.84), closed at $53.25, hit a YTD low, fell -12.6% (-$7.71) for the week.
360miq.com/market?data=ASX#tab-3
