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Weekly gain eroded after 1.3pc market fall

Updated
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ASX ends lower over the week

Luke Housego

The S&P/ASX 200 Index has closed 0.2 per cent lower over the week after dropping 1.3 per cent on Friday as CSL and the miners weighed on the benchmark. The index closed at 6793.8 points.

Market heavyweight CSL lost 5 per cent on Friday, ending the week at $274.73.

In resources, Fortescue Metals Group closed 3.7 per cent lower at $23.97 on Friday and Woodside Petroleum fell 5.3 per cent to $24.

Among the company’s boosted by release results on Friday, Lovisa jumped 19.3 per cent to $13.12 and Cochlear climbed 8.4 per cent to $221.68.

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    Original URL: https://www.afr.com/markets/equity-markets/asx-to-ease-cochlear-goodman-group-results-ahead-20210219-p573x0