AU Evening Wrap: ASX 200 closed 0.9% lower as rally lost steam
• Australia's $S&P/ASX 200(.XJO.AU$ closed 0.9% lower at 7063.6, falling to a weekly loss, as the rally seen in the prior two sessions ran out of steam.
• The tech, consumer and health sectors led losses following a negative lead by U.S. stocks, while the heavyweight financial sector pulled back by 0.6% after gaining since Wednesday.
• $Block Inc(SQ2.AU$, $WiseTech Global Ltd(WTC.AU$ and $Xero Ltd(XRO.AU$ fell by between 3.2% and 5.9%, while buy-now-pay-later player $Zip(Z1P.AU$ dropped 7.6% to a two-year low.
• Wealth managers and insurers led the financial sector's losses. $CommBank(CBA.AU$ and $National Australia Bank Ltd(NAB.AU$ gave up 0.4% and 0.2%, respectively.
• The ASX 200 fell by 0.7% across the week.
S&P/ASX 200 Movers for Friday (3/11)
• The tech, consumer and health sectors led losses following a negative lead by U.S. stocks, while the heavyweight financial sector pulled back by 0.6% after gaining since Wednesday.
• $Block Inc(SQ2.AU$, $WiseTech Global Ltd(WTC.AU$ and $Xero Ltd(XRO.AU$ fell by between 3.2% and 5.9%, while buy-now-pay-later player $Zip(Z1P.AU$ dropped 7.6% to a two-year low.
• Wealth managers and insurers led the financial sector's losses. $CommBank(CBA.AU$ and $National Australia Bank Ltd(NAB.AU$ gave up 0.4% and 0.2%, respectively.
• The ASX 200 fell by 0.7% across the week.
S&P/ASX 200 Movers for Friday (3/11)
![AU Evening Wrap: ASX 200 closed 0.9% lower as rally lost steam](https://ussnsimg.moomoo.com/2649251939911879377.png/bigmoo)
10 Top-Traded AU Stocks for Friday (3/11)
![AU Evening Wrap: ASX 200 closed 0.9% lower as rally lost steam](https://ussnsimg.moomoo.com/7169156962744253919.png/bigmoo)
Source: Dow Jones Newswires
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