ASX 200 utilities shares led the market sectors last week, with an impressive 4.21% lift over the five trading days.
The S&P/ASX 200 Index (ASX: XJO) gained 1.02% over the week to finish at 7,796 points on Friday.
Eight of the 11 market sectors finished the week in the green.
Let's review.
Utilities shares led the ASX sectors last week
Among the largest of the 22 ASX 200 utilities companies, the outperformer for price growth this week was Origin Energy Ltd (ASX: ORG).
Origin shares rose by 5.85% to finish at $10.76 on Friday. There was no price-sensitive news from Origin this week.
The AGL Energy Limited (ASX: AGL) share price lifted 3.03% to $10.55 this week, also on no price-sensitive news.
APA Group (ASX: APA) shares rose 0.12% over the five trading days to finish at $8.40.
On Friday, the energy infrastructure business announced an estimated final distribution of 29.5 cents per share. The record date is 28 June and the payment date is 18 September.
Utilities small-caps Frontier Energy Ltd (ASX: FHE) and Duxton Water Ltd (ASX: D2O) had a great week.
Frontier Energy shares gained 7.95% to finish at 48 cents on Friday.
Last week the company announced it had signed contracts with Western Power to begin detailed design and procurement work for stage one of its Waroona Renewable Energy Project.
Duxton Water shares lifted 6.55% to close at $1.47 on Friday. The company did not release any news last week.
The second strongest sector last week was financials, up 2.08%.
The ASX 200 bank stocks continued to test multi-year high prices last week.
On Friday, Commonwealth Bank of Australia (ASX: CBA) shares reset their record high yet again. The biggest ASX 200 bank stock peaked at $128.25 per share on Friday but closed the week at $127.68.
Also last week, National Australia Bank Ltd (ASX: NAB) shares reached a nine-year high of $36.42.
Also, Bendigo and Adelaide Bank Ltd (ASX: BEN) hit its highest price in almost five years at $11.42.
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 |
Utilities (ASX: XUJ) | 4.21% |
Financials (ASX: XFJ) | 2.08% |
Healthcare (ASX: XHJ) | 1.92% |
Communication (ASX: XTJ) | 1.86% |
Consumer Staples (ASX: XSJ) | 1.71% |
Consumer Discretionary (ASX: XDJ) | 1.03% |
A-REIT (ASX: XPJ) | 0.76% |
Energy (ASX: XEJ) | 0.75% |
Industrials (ASX: XNJ) | (0.24%) |
Information Technology (ASX: XIJ) | (0.62%) |
Materials (ASX: XMJ) | (1.08%) |