SP/ASX 200 rose 0.5% (+37.6 pts), closed at 7362 points, a 25-day high, rose 2% (+143 pts) for the week, rose 3 weeks in a row.
Among the 150 largest-cap stocks, 97 (65%) closed higher. 63% of all ASX stocks ended higher.
In terms of sectors, 9 sectors closed up, 3 sectors closed down, ranging from -0.2% to 1.2%. 4 sectors outperformed the market. The market was up 0.5%; Basic Materials was up 1.2%, the best performer; Utilities, Real Estate, Healthcare were down -0.2%, but already the worst performers.
● MERCURY NZ (MCY) largely retreated -5.1% (-$0.3), closed at $5.63, the worst % loss in nearly 4 months, fell -5.1% (-$0.3) for the week, fell 2 weeks in a row, crossed below MA20 and MA50 ($5.81, $5.75). The worst performer today but with average volume.
360miq.com/stockinfo?code=MCY.AX
● ALLKEM (AKE) soared 5.4% (+$0.6), closed at $11.64, rose 7.5% (+$0.81) for the week, crossed above MA50 ($11.63). The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=AKE.AX
● IGO (IGO) spiked 5.3% (+$0.68), closed at $13.43, rose 4 days in a row, a 23-day high, rose 9.7% (+$1.19) for the week, crossed above MA50 and MA200 ($13.1, $13.42).
360miq.com/stockinfo?code=IGO.AX
● PILBARA MINERALS (PLS) soared 5% (+$0.18), closed at $3.75, rose 3.9% (+$0.14) for the week, crossed above MA20 ($3.67).
360miq.com/stockinfo?code=PLS.AX
360miq.com/market?data=ASX#tab-3
