SP/ASX 200 fell -0.9% (-66.8 pts) after a 3-day winning streak, closed at 7115 points, a 32-day low, fell -0.5% (-33 pts) for the week, fell 2 weeks in a row.
Among the 150 largest-cap stocks, 31 (21%) closed higher. 34% of all ASX stocks ended higher.
In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -2.8% to 0.6%. 7 sectors outperformed the market. The market was down -0.9%; Consumer Defensive was up 0.6%, the best performer, reflecting a decreasing risk appetite; Technology was down -2.8%, the worst performer.
● WESFARMERS (WES) largely rose 3.2% (+$1.58), closed at $51, rose 3 days in a row, the best % gain in 6 months, also a 68-day high, rose 3.2% (+$1.59) for the week, crossed above MA20 ($49.92). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=WES.AX
● PILBARA MINERALS (PLS) largely retreated -8% (-$0.41) after a 5-day winning streak, closed at $4.7, the worst % loss in more than 8 months, fell -0.6% (-$0.03) for the week, fell 2 weeks in a row, crossed below MA20 and MA50 ($4.98, $4.97). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=PLS.AX
360miq.com/market?data=ASX#tab-3
