Market Summary: ASX 200 posts seven straight wins

S&P/ASX 200 adds 0.3% for its seventh straight day of gains

a woman

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The domestic share market has capped off the week with its seventh straight day of gains. Better than expected Chinese economic data provided a boost, adding to gains from Wall Street overnight.

The Dow Jones added 0.7%, while the boarded S&P 500 rose 0.5%.

Here's a quick recap:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) up 0.3% to 5,429.6 points
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) up 0.3% to 5,510.10 points
  • AUD/USD at US 76.33 cents
  • Iron Ore at US$58.47 a tonne, according to the Metal Bulletin
  • Gold at US$1,332 an ounce
  • Brent oil at US$47.21 a barrel

Whitehaven Coal Ltd (ASX: WHC) was the &P/ASX 200 Index's top move, rising 12.5%, while BlueScope Steel Limited (ASX: BSL) and Myer Holdings Ltd (ASX: MYR) rose 5.1% and 5.2% respectively.

Gold miners sagged, while Tassal Group Limited (ASX: TGR) and Select Harvests Limited (ASX: SHV) fell 3.1% and 2.9% respectively.

Amongst the top 20, Westfield Corp Ltd (ASX: WFD) and Woodside Petroleum Limited (ASX: WPL) were the only losers.

Here are Friday's top stories:

  1. Why the Senetas Corporation Limited share price soared 39% today
  2. Newcrest Mining Limited sinks as gold price outlook darkens
  3. Why the Catapult Group International Ltd shares have soared today
  4. Why the Whitehaven Coal Ltd share price rocketed up today
  5. Why the Australian dollar could fall to US 68 cents
  6. Is fintech company Preamium Ltd a star buy?
  7. 3 top software shares for your growth portfolio
Motley Fool writer/analyst Mike King doesn't own shares in any companies mentioned. You can follow Mike on Twitter @TMFKinga The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on ⏸️ Investing

Close up of baby looking puzzled
Retail Shares

What has happened to the Baby Bunting (ASX:BBN) share price this year?

It's been a volatile year so far for the Aussie nursery retailer. We take a closer look

Read more »

woman holds sign saying 'we need change' at climate change protest
ETFs

3 ASX ETFs that invest in companies fighting climate change

If you want to shift some of your investments into more ethical companies, exchange-traded funds can offer a good option

Read more »

a jewellery store attendant stands at a cabinet displaying opulent necklaces and earrings featuring diamonds and precious stones.
⏸️ Investing

The Michael Hill (ASX: MHJ) share price poised for growth

Investors will be keeping an eye on the Michael Hill International Limited (ASX: MHJ) share price today. The keen interest…

Read more »

ASX shares buy unstoppable asx share price represented by man in superman cape pointing skyward
⏸️ Investing

The Atomos (ASX:AMS) share price is up 15% in a week

The Atomos (ASX: AMS) share price has surged 15% this week. Let's look at what's ahead as the company build…

Read more »

Two people in suits arm wrestle on a black and white chess board.
Retail Shares

How does the Temple & Webster (ASX:TPW) share price stack up against Nick Scali (ASX:NCK)?

How does the Temple & Webster (ASX: TPW) share price stack up against rival furniture retailer Nick Scali Limited (ASX:…

Read more »

A medical researcher works on a bichip, indicating share price movement in ASX tech companies
Healthcare Shares

The Aroa (ASX:ARX) share price has surged 60% since its IPO

The Aroa (ASX:ARX) share price has surged 60% since the Polynovo (ASX: PNV) competitor listed on the ASX in July.…

Read more »

asx investor daydreaming about US shares
⏸️ How to Invest

How to buy US shares from Australia right now

If you have been wondering how to buy US shares from Australia to gain exposure from the highly topical market,…

Read more »

⏸️ Investing

Why Fox (NASDAQ:FOX) might hurt News Corp (ASX:NWS) shareholders

News Corporation (ASX: NWS) might be facing some existential threats from its American cousins over the riots on 6 January

Read more »