SP/ASX 200 fell -1% (-74.7 pts), closed at 7567 points, a 44-day low, fell -2.8% (-221 pts) for the week.
Among the 150 largest-cap stocks, 20 (13%) closed higher. Only 31% of all ASX stocks ended higher.
In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -2.8% to +1.4%. 6 sectors outperformed the market. The market was down -1%; Utilities was up +1.4%, the best performer, reflecting a more conservative market sentiment; Technology was down -2.8%, the worst performer.
● BREVILLE GROUP (BRG) largely fell -3.9% (-$0.98), closed at $24.31, hit a YTD low, fell -9.2% (-$2.47) for the week, crossed below MA200 ($24.42). The largest increase in volume today.
360miq.com/stockinfo?code=BRG.AX
● MERCURY NZ (MCY) largely rebounded +5.4% (+$0.32), closed at $6.23, rose +2.3% (+$0.14) for the week after a 2-week losing streak, crossed above MA20 ($6.22). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=MCY.AX
● FLIGHT CENTRE TRAVEL GROUP (FLT) tanked -5% (-$1.05), closed at $19.99, the worst % loss in nearly 10 months, also a 70-day low, fell -6.4% (-$1.37) for the week, crossed below MA200 ($20.34). The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=FLT.AX
● NETWEALTH GROUP (NWL) tumbled -4.9% (-$0.96), closed at $18.83, a 34-day low, fell -6.5% (-$1.31) for the week, fell 4 weeks in a row, crossed below MA50 ($19.55).
360miq.com/stockinfo?code=NWL.AX
● AMP (AMP) sank -4.4% (-$0.05), closed at $1.085, the worst % loss in 5 months, also a 22-day low, fell -8.8% (-$0.105) for the week, crossed below MA50 ($1.1).
360miq.com/stockinfo?code=AMP.AX
● BLOCK (SQ2) tanked -4.4% (-$5.07), closed at $110.07, a 38-day low, fell -10% (-$12.19) for the week.
360miq.com/stockinfo?code=SQ2.AX
360miq.com/market?data=ASX#tab-3
