Market Summary: ASX 200 posts seven straight wins

S&P/ASX 200 adds 0.3% for its seventh straight day of gains

Mike King

Mike King is a Fool.com.au Investment Analyst and Writer. He caught the investing bug more than a decade ago, at a time when the U.S. had invaded Iraq and fear reigned in the markets. His initial success as the markets took off encouraged his passion and thirst for knowledge. With 13 years behind him at one of Australia's largest domestic banks, Mike's passion for stocks led him to join a boutique funds management firm, where he stayed for four years. A seven-year stint in equity research at one of the largest investment banks in the world followed that, giving Mike a thirst to pursue his passion further. Mike holds a Diploma in Applied Finance and Investment and a Graduate Certificate in Financial Planning. His passion is to help retail investors invest better, and that passion was one of his primary reasons for joining The Motley Fool Australia in late 2011. Mike has written thousands of articles since joining, including for Fairfax Media, Yahoo!7, Ninemsn and has also appeared on ABC's The Business. You can see all of Mikes' holdings here

Published July 15, 2016 4:46 pm AEST

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:

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