Here's how the ASX 200 market sectors stacked up this week

The ASX 200 lost ground this week, with the best performing sector being the one that fell the least.

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Every one of the 11 market sectors finished the week in the red, with the S&P/ASX 200 Index (ASX: XJO) tumbling 0.92% over the past five days.

The ASX 200 closed the session on Friday at 6,954.2 points.

Let's look at which sectors were the best and worst performers this week.

Consumer staples led the ASX sectors this week

This week's best performer comes down to which sector fell the least, and that was consumer staples.

According to CommSec data, the S&P/ASX 200 Consumer Staples Index (ASX: XSJ) fell 0.34% this week.

The consumer staples sector is considered defensive during times of high inflation and interest rates.

The heavy hitter of the sector did well this week. The Woolworths Group Ltd (ASX: WOW) share price rose 1.21%. Its rival Coles Group Ltd (ASX: COL) fell slightly, down 0.26%.

Endeavour Group Ltd (ASX: EDV) shares finished down 1.13% this week. The company has been embroiled in ongoing controversy over former Woolworths boss Bill Wavish and his nomination for a seat on the board.

The biggest faller of the market sectors this week was energy, with the S&P/ASX 200 Energy Index (ASX: XEJ) sliding 6.6%.

ASX energy shares were under pressure due to weaker oil prices. This was due to the lowest seasonal demand for gasoline in the United States in more than two decades.

The WTI crude oil price fell 9.45% and the Brent crude oil price dropped 8.96% this week.

Large-cap energy shares Santos Ltd (ASX: STO) and Woodside Energy Group Ltd (ASX: WDS) lost 5.95% and 5.47% this week, respectively. Mid-cap stock Beach Energy Ltd (ASX: BPT) fell 7.98%.

ASX 200 market sector snapshot

Here's how the 11 market sectors stacked up this week.

Over the past five days:

ASX market sectorChange this week
S&P/ASX 200 Consumer Staples (ASX: XSJ) -0.34%
S&P/ASX 200 Financials (ASX: XFJ)-0.45%
S&P/ASX 200 Health Care (ASX: XHJ) -0.57%
S&P/ASX 200 A-REIT (ASX: XPJ)-0.82%
S&P/ASX 200 Communication (ASX: XTJ)-0.88%
S&P/ASX 200 Materials (ASX: XMJ)-1.42%
S&P/ASX 200 Information Technology (ASX: XIJ)-1.47%
S&P/ASX 200 Utilities (ASX: XUJ-1.79%
S&P/ASX 200 Industrials (ASX: XNJ) -1.89%
S&P/ASX 200 Consumer Discretionary (ASX: XDJ)-1.97%
S&P/ASX 200 Energy (ASX: XEJ)-6.6%

Motley Fool contributor Bronwyn Allen has positions in Commonwealth Bank Of Australia and Woodside Energy Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Coles Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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