The Weekend Q&A: The RBA tries but fails to unsettle the ASX

The ASX200 experienced an eventful week which included surprise rate hikes by both the RBA and Bank of Canada yet the local market ended the week down just -0.3% however it was a far more interesting week under the hood of the market as the aggressive moves by central banks plus accompanying hawkish rhetoric changed investors sentiment on the stock and sector level:

Winners: New Hope Corp (NHC) +12.7%, Whitehaven Coal (WHC) +8.7%, Pilbara Minerals (PLS) +6.3%, Fortescue Metals (FMG) +5.6%, RIO Tinto (RIO) +4%, IGO Ltd (IGO) and BHP Group (BHP) +3.4%.
Losers: SEEK Ltd (SEK) -8.4%, Lovisa Holdings (LOV) -7.3%, Stockland Group (SGP) -6.6%, Altium (ALU) -5.8%, Corporate Travel (CTD) -5.4%, Harvey Norman (HVN) -4.5%, REA Group (REA) -4.5%, Technology One (TNE) -4.1% and Newcrest Mining (NCM) -4%.

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