SP/ASX 200 fell -0.8% (-56.3 pts), closed at 7434 points, the worst % loss in 1 month, fell -1.6% (-124 pts) for the week after a 5-week winning streak, crossed below MA20 (7466 pts).
Among the 150 largest-cap stocks, 25 (17%) closed higher. Only 33% of all ASX stocks ended higher.
In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -4.2% to 0.7%. 7 sectors outperformed the market. The market was down -1%; Consumer Defensive was up 0.7%, the best performer, reflecting a more conservative market sentiment; Technology was down -4.2%, the worst performer.
● MERIDIAN ENERGY (MEZ) largely rebounded 2.6% (+$0.13), closed at $5.04, hit a YTD high, rose 3.7% (+$0.18) for the week after a 2-week losing streak. The best performer today with a slight decrease in volume.
● NEW HOPE (NHC) tanked -8.6% (-$0.5), closed at $5.31, fell 3 days in a row, hit a YTD low, fell -8.3% (-$0.48) for the week, fell 3 weeks in a row. The worst performer today with the largest increase in volume.
● BLOCK (SQ2) tumbled -6.2% (-$7.23), closed at $108.72, fell 3 days in a row, the worst % loss in more than 3 months, fell -10.6% (-$12.92) for the week after a 2-week winning streak, crossed below MA20 ($112.08).
360miq.com/market?data=ASX#tab-3
