SP/ASX 200 slightly retreated -0.2% (-16.6 pts), closed at 8310 points, rose +0.2% (+16 pts) for the week, rose 2 weeks in a row, is testing MA50 (8306 pts).
Among the 150 largest-cap stocks, 79 (53%) closed higher. 59% of all ASX stocks ended higher.
In terms of sectors, 7 sectors closed up, 5 sectors closed down, ranging from -1.2% to +0.7%. 7 sectors outperformed the market. The market was down -0.1%; Industrials was up +0.7%, the best performer; Utilities was down -1.2%, the worst performer.
● LOVISA (LOV) spiked +7.7% (+$2.1), closed at $29.28, rose 4 days in a row, the best % gain in nearly 11 months, rose +12.5% (+$3.26) for the week after a 2-week losing streak, crossed above MA20 and MA50 ($28.98, $29.15). The best performer today but with average volume.
360miq.com/stockinfo?code=LOV.AX
● CONTACT ENERGY (CEN) plummeted -7% (-$0.61), closed at $8.1, the worst % loss in more than 3 months, also a 28-day low, fell -5.2% (-$0.44) for the week, fell 2 weeks in a row, crossed below MA20 and MA50 ($8.54, $8.22). The worst performer today with a significant decrease in volume.
360miq.com/stockinfo?code=CEN.AX
360miq.com/market?data=ASX#tab-3
