SP/ASX 200 rose 0.4% (+32.6 pts), closed at 7644 points, fell -0.2% (-14 pts) for the week, crossed above MA20 (7624 pts).
Among the 150 largest-cap stocks, 85 (57%) closed higher. Despite SP/ASX 200 rising 0.4%, only 49% of all ASX stocks follow suit.
In terms of sectors, 7 sectors closed up, 4 sectors closed down, 1 sector remained unchanged, ranging from -1.2% to 7.2%. only 2 sectors outperformed the market. The market was up 0.6%; Technology surged 7.2%, the best performer, reflecting an increasing risk appetite; Utilities was down -1.2%, the worst performer.
● ILUKA RESOURCES (ILU) plunged -4.8% (-$0.36), closed at $7.21, the worst % loss in more than 4 months, fell -0.3% (-$0.02) for the week. The worst performer today but with average volume.
360miq.com/stockinfo?code=ILU.AX
● BLOCK (SQ2) jumped 16.5% (+$16.71), closed at $117.94, the best % gain in more than 3 months, also hit a YTD high, rose 10.2% (+$10.94) for the week, rose 4 weeks in a row, crossed above MA20 and MA50 ($103.55, $104.75). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=SQ2.AX
● TELIX PHARMACEUTICALS (TLX) largely fell -4.1% (-$0.45), closed at $10.52, fell 4 days in a row, the worst % loss in more than 2 months, also a 29-day low, fell -4.5% (-$0.49) for the week, fell 3 weeks in a row, crossed below MA50 and MA200 ($10.7, $10.63).
360miq.com/stockinfo?code=TLX.AX
● SANDFIRE RESOURCES (SFR) largely retreated -4.2% (-$0.32), closed at $7.3, the worst % loss in more than 1 month, rose 1.7% (+$0.12) for the week, rose 2 weeks in a row.
360miq.com/stockinfo?code=SFR.AX
360miq.com/market?data=ASX#tab-3
