ASX 200 consumer discretionary shares led the 11 market sectors last week with a 4.38% gain.
The S&P/ASX 200 Index (ASX: XJO) rose 0.86% amid volatile trading to 8,731.7 points by Friday's close.
There was a strong 1.62% rally on Friday on fresh hopes of an imminent deal between the US and Iran.
Meanwhile, softer-than-expected inflation data on Wednesday quelled fears of further interest rate hikes ahead.
Annual headline inflation fell to 4.2% in April, down from 4.6% in March, according to the Australian Bureau of Statistics.
That's why consumer discretionary shares outperformed their peers last week.
Let's take a look at some individual stock price movements.
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Consumer discretionary shares led the ASX sectors last week
The Wesfarmers Ltd (ASX: WES) share price lifted 6.84% over the week to finish at $79.79.
The Lottery Corporation Ltd (ASX: TLC) share price rose 4.43% to $5.42.
The Light & Wonder Inc (ASX: LNW) share price ascended 1.68% to $116.73.
JB Hi-Fi Ltd (ASX: JBH) shares rose by 2.45% to finish the week at $74.49.
Shares in furniture retailer Harvey Norman Holdings Ltd (ASX: HVN) lifted 5.01% to $4.61.
Super Retail Group Ltd (ASX: SUL) shares rose 5.77% to $11.73 apiece.
Lovisa Holdings Ltd (ASX: LOV) shares increased 6.08% to close at $23.22.
ASX 200 travel stock Flight Centre Travel Group Ltd (ASX: FLT) ripped 9.08% to $10.93 per share.
Shares in Premier Investments Limited (ASX: PMV) zoomed 7% higher to $12.53.
Some ASX 200 retail shares did not follow the broader sector trend last week.
Eagers Automotive Ltd (ASX: APE) shares fell 2.61% to $20.89 apiece.
The Guzman Y Gomez Ltd (ASX: GYG) share price eased 0.76% to $19.66.
Shares in gaming technology company Aristocrat Leisure Ltd (ASX: ALL) dipped 0.63% to $50.10.
The Breville Group Ltd (ASX: BRG) share price moderated 0.21% to $28.94.
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 sector | Change last week |
| Consumer Discretionary (ASX: XDJ) | 4.38% |
| Materials (ASX: XMJ) | 3.34% |
| A-REIT (ASX: XPJ) | 2.38% |
| Information Technology (ASX: XIJ) | 2.28% |
| Industrials (ASX: XNJ) | 1.95% |
| Consumer Staples (ASX: XSJ) | 0.35% |
| Healthcare (ASX: XHJ) | 0.21% |
| Financials (ASX: XFJ) | (1.18%) |
| Utilities (ASX: XUJ) | (1.56%) |
| Communication (ASX: XTJ) | (2.48%) |
| Energy (ASX: XEJ) | (3.28%) |
