SP/ASX 200 rose 0.5% (+37.2 pts) after a 3-day losing streak, closed at 7213 points, fell -1.2% (-89 pts) for the week after a 2-week winning streak, is testing MA20 (7221 pts).
Among the 150 largest-cap stocks, 90 (60%) closed higher. 52% of all ASX stocks ended higher.
In terms of sectors, 7 sectors closed up, 3 sectors closed down, 2 sectors remained unchanged, ranging from -0.3% to 2.1%. 3 sectors outperformed the market. The market was up 0.5%; Technology was up 2.1%, the best performer, reflecting an increasing risk appetite; Energy was down -0.3%, but already the worst performer.
● THE A2 MILK COMPANY (A2M) largely rose 2.8% (+$0.18), closed at $6.61, the best % gain in 1 month, also hit a YTD high, rose 4.4% (+$0.28) for the week, rose 6 weeks in a row. The largest increase in volume today.
● CHAMPION IRON (CIA) largely rebounded 5.2% (+$0.36), closed at $7.35, a 128-day high, rose 8.9% (+$0.6) for the week, rose 2 weeks in a row. The best performer today with a slight increase in volume.
● DOWNER EDI (DOW) largely fell -3.1% (-$0.12), closed at $3.7, fell 7 days in a row, hit a YTD low, fell -25.6% (-$1.27) for the week, fell 2 weeks in a row. The worst performer today with a significant increase in volume.