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

Healthcare was the strongest sector last week, with market darling Pro Medicus surging yet again.

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

ASX 200 healthcare shares led the market sectors with a 1.15% increase over the five trading days.

The S&P/ASX 200 Index (ASX: XJO) gained 0.53% over the week to finish at 8,294.1 points on Friday.

Seven of the 11 market sectors finished the week in the green.

Let's review the week's events.

Medical or healthcare workers grasp hands in the universal expression of teamwork

Image source: Getty Images

Healthcare shares led the ASX sectors last week

Among the healthcare sector heavyweights, CSL Ltd (ASX: CSL) shares lifted 0.59% to $285.09.

Pro Medicus Ltd (ASX: PME) shares rose 5.92% despite no price-sensitive news last week.

Pro Medicus continues to ride a positive wave of momentum after delivering the best share price growth among the ASX 200 large-cap shares last year.

Resmed CDI (ASX: RMD) shares lifted 2.72% to $37.76 per share. Resmed announced it will reveal its second-quarter results on 30 January.

Fisher & Paykel Healthcare Corporation Ltd (ASX: FPH) shares lifted 0.35% to $34.30 apiece.

The Cochlear Ltd (ASX: COH) share price rose 0.92% to $301.20.

Shares in pathology provider Sonic Healthcare Ltd (ASX: SHL) lifted 1.56% to close at $27.99 on Friday.

Telix Pharmaceuticals Ltd (ASX: TLX) shares ascended 0.63% to $23.99.

Other strong performers last week include Sigma Healthcare Ltd (ASX: SIG) shares, which gained 7.91% and hit an almost two-decade high of $3.05 on Friday. The Sigma share price closed the week at $3.

Last week, the Amcal chemist owner did not provide any news, as excited investors awaited the conclusion of its merger with Chemist Warehouse.

Among the fallers last week were Clarity Pharmaceuticals Ltd (ASX: CU6) shares, which lost 5.61% in value to close at $3.87 on Friday.

Mesoblast Ltd (ASX: MSB) shares lost 11.36% between Monday and Thursday before going into a trading halt prior to Friday's market open.

The company intends to make an announcement about a "proposed financing" shortly.

For now, the Mesoblast share price is frozen at $2.81. The ASX biotech asked for the trading halt to remain in place until the time of the announcement or the commencement of trading on Tuesday.

Mesoblast shares are still up a whopping 65% despite last week's share price correction.

Investors have been buying Mesoblast shares after the company finally gained approval from the United States Food and Drug Administration for its lead drug, remestemcel-L, last month.

Stock in private healthcare provider and hospital owner Ramsay Health Care Ltd (ASX: RHC) also fell last week. The Ramsay share price lost 2.48% to finish the week at $33.75 per share.

ASX 200 market sector snapshot

Here's how the 11 market sectors stacked up last week, according to CommSec data.

Over the five trading days:

S&P/ASX 200 market sectorChange last week
Healthcare (ASX: XHJ) 1.15%
Financials (ASX: XFJ)0.83%
Information Technology (ASX: XIJ)0.76%
Consumer Discretionary (ASX: XDJ)0.74%
Materials (ASX: XMJ)0.71%
A-REIT (ASX: XPJ)0.42%
Utilities (ASX: XUJ)0.02%
Communication (ASX: XTJ)(0.21%)
Industrials (ASX: XNJ) (0.31%)
Energy (ASX: XEJ)(0.49%)
Consumer Staples (ASX: XSJ) (1.56%)

Motley Fool contributor Bronwyn Allen has positions in CSL and Mesoblast. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended CSL, Cochlear, ResMed, and Telix Pharmaceuticals. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Pro Medicus. The Motley Fool Australia has positions in and has recommended ResMed. The Motley Fool Australia has recommended CSL, Cochlear, Pro Medicus, Sonic Healthcare, and Telix Pharmaceuticals. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Healthcare Shares

Young businesswoman sitting in kitchen and working on laptop.
Healthcare Shares

Down 50%, why I'd invest $20,000 into CSL shares

A 50% decline in a blue-chip share can signal trouble, but not always a broken story.

Read more »

Female scientist working in a laboratory.
Healthcare Shares

This ASX biotech stock could deliver 40%-plus returns Morgans says

This small company continues to kick goals.

Read more »

A man with his back to the camera holds his hands to his head as he looks to a jagged red line trending sharply downward.
Healthcare Shares

How high could Cochlear shares bounce back? Brokers disagree

Despite bad news on the earnings front this week, Cochlear shares could still deliver upside.

Read more »

Retired couple hugging and laughing.
Healthcare Shares

A Budget announcement has put a rocket under this ASX aged care provider's shares

A shake up in the funding model will be a boost for this company.

Read more »

An arrow crashes through the ground as a businessman watches on.
Healthcare Shares

Cochlear stock down 40%: How much has this cost ASX investors?

One day can ruin years of success...

Read more »

Medical workers examine an x-ray or scan in a hospital laboratory.
Healthcare Shares

What on earth's going on with Pro Medicus shares?

The quality stock is now driven heavily by expectations.

Read more »

A stressed businessman sits next to his briefcase with his head in his hands, while the ASX boards behind him show shares crashing.
52-Week Lows

CSL's collapse deepens. Why this ASX giant can't find a floor

CSL shares hit a 9-year low as new demand concerns emerge.

Read more »

A group of people in a corporate setting do a collective high five.
Healthcare Shares

Prediction: CSL shares could surpass $265 in 2026

CSL shares are tumbling again on Wednesday. Here's what it'll take for the price to take a u-turn.

Read more »