SP/ASX 200 rose 1.1% (+78.2 pts), closed at 6978 points, rose 4 days in a row, the best % gain in more than 1 month, rose 2.2% (+151 pts) for the week after a 2-week losing streak, crossed above MA20 (6937 pts).
Among the 150 largest-cap stocks, 127 (85%) closed higher. 71% of all ASX stocks ended higher, the most in more than 11 months, good for the market.
In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.1% to 8.7%. 3 sectors outperformed the market. The market was up 1.5%; Technology soared 8.7%, the best performer, reflecting a more aggressive market sentiment; Energy was down -0.1%, but already the worst performer.
● BLOCK (SQ2) spiked 25.2% (+$16.33), closed at $81.18, rose 3 days in a row, the best % gain in 20 months, also a 33-day high, rose 21.1% (+$14.15) for the week after a 2-week losing streak, crossed above MA20 and MA50 ($69.12, $75.4). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=SQ2.AX
● TREASURY WINE ESTATES (TWE) sank -7.2% (-$0.859), closed at $11.04, the worst % loss in more than 5 months, also a 69-day low, fell -9.7% (-$1.18) for the week after a 2-week winning streak, crossed below MA20 and MA50 ($11.83, $11.77). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=TWE.AX
360miq.com/market?data=ASX#tab-3
