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

The ASX 200 barely moved during the new year's first week of trading.

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

Energy shares led the ASX 200 market sectors this week, gaining 1.14% over the first four trading days of the new year.

The S&P/ASX 200 Index (ASX: XJO) declined by 0.067% over the week to close at 7,489.1 points on Friday. Only two market sectors finished the week in the green — energy and utilities.

It was an unsurprisingly quiet week for the market as Australians continued to enjoy their end-of-year holidays.

Here at the Fool, we were busy reviewing the top 10 ASX 200 shares of 2023 and, just for fun, we took a look at how ASX equities performed over the 12 months compared to real estate investments.

We also told you about a few ASX 200 shares starting the year at 52-week highs and some others starting at 52-week lows.

And if you're pondering a shares-based New Year's Resolution, my colleague James had this idea to offer.

Here's what else happened this week.

A businessman sits on a chair looking at a pile of chairs stacked up to the ceiling of a white empty room.

Image source: Getty Images

Energy shares led the ASX sectors this week

Among the larger ASX 200 energy stocks, coal shares Whitehaven Coal Ltd (ASX: WHC) and Yancoal Limited (ASX: YAL) booked strong gains this week.

Whitehaven shares lifted 5.78% over the four trading days to close at $7.86 on Friday. Yancoal shares rose 8.47% to finish the week at $5.39 apiece.

My colleague Tristan discusses the 2024 outlook for ASX coal shares here.

Woodside Energy Group Ltd (ASX: WDS) shares rose by 0.84% to close at $31.34 on Friday. The Santos Ltd (ASX: STO) share price lifted 0.53% to $7.64. This weakness is partly due to a lower oil price.

Uranium stocks also rose, with Boss Energy Ltd (ASX: BOE) shares up 5.21% to $4.23. Paladin Energy Ltd (ASX: PDN) went up 2.53% to $1.015.

Tony Yoo discusses whether uranium shares can surge again in 2024 here.

ASX 200 market sector snapshot

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

Over the past five days:

S&P/ASX 200 market sectorChange this week
Energy (ASX: XEJ)1.14%
Utilities (ASX: XUJ)0.19%
Financials (ASX: XFJ)Steady
Healthcare (ASX: XHJ) (0.29%)
Industrials (ASX: XNJ) (0.51%)
Consumer Staples (ASX: XSJ)(0.62%)
Consumer Discretionary (ASX: XDJ)(1.94%)
Communication (ASX: XTJ)(2.12%)
Materials (ASX: XMJ)(3.02%)
A-REIT (ASX: XPJ) (3.41%)
Information Technology (ASX: XIJ)(5.08%)

Motley Fool contributor Bronwyn Allen has positions in 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 no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Share Market News

Two excited woman pointing out a bargain opportunity on a laptop.
Share Market News

Will these top-performing ASX stocks keep charging higher?

Can these shares keep going?

Read more »

I young woman takes a bite out of a burrito n the street outside a Mexican fast-food establishment.
Share Market News

3 discounted ASX 200 shares to buy before they rebound 

These three stocks appear to be undervalued right now.

Read more »

Young businessman lost in depression on stairs.
Share Fallers

What's going on with the DroneShield share price?

The drone operator's share price outperformed in March, but has now crashed again.

Read more »

A female ASX investor looks through a magnifying glass that enlarges her eye and holds her hand to her face with her mouth open as if looking at something of great interest or surprise.
Share Market News

These ASX shares look too good to ignore after the recent pullback

Have these shares been left in the bargain bin after recent weakness? Let's find out.

Read more »

A business person directs a pointed finger upwards on a rising arrow on a bar graph.
Broker Notes

Why this surging ASX All Ords gold stock is tipped to rocket another 79%

A leading broker forecasts more outsized gains from this fast-rising ASX gold stock. But why?

Read more »

Three happy office workers cheer as they read about good financial news on a laptop.
Share Market News

5 things to watch on the ASX 200 on Wednesday

Another good session is expected for Aussie investors today.

Read more »

A group of people in suits and hard hats celebrate the rising share price with champagne.
Resources Shares

Up 67% in a year! The red-hot South32 share price is smashing BHP, Rio and Fortescue

Here's why I think the miner could outpace some of its peers in 2026.

Read more »

Woman in business suit holds both hands out with a question mark above each hand.
Opinions

2 ASX 300 shares I'm close to buying next!

These ASX 300 shares look like a great buy to me today!

Read more »