Market Summary: ASX 200 posts seven straight wins

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

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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.

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