Well, that was ugly.

The ASX 200 closed the week with a healthy round of jitters on Friday, slumping by 1.73% with heavy falls across all the major sectors.

Oil & gas stocks got off to a bad start, and the ASX 200 Energy index ended up tanking by 4.56%, as Europe lockdowns and COVID-19 variant scares out of South Africa poured cold water on optimism surrounding the global reopening trade.

Elsewhere, large cap banking and technology stock indexes fell by around 2%, with similar declines for the big miners.

There was a hefty risk-off tone across the board as the Aussie dollar got thumped, with US stock futures down more than 1% heading into the Friday session on Wall Street.


Swipe or scroll to reveal the full table. Click headings to sort.

Large cap leaders were few and far between, with only 10 stocks making Stockhead’s winner’s list.

Leading the pack was diversified construction company Maas Group Holdings (ASX:MGH), which rose more than 7% on no news.

Mid-size gold plays were also popular, as the $1.2bn West African Resources (ASX:WAF) rose by 2.7%, with similar gains for WA-based De Grey Mining (ASX:DEG).


Swipe or scroll to reveal the full table. Click headings to sort.

Is the post-COVID tide for high-growth ASX tech stocks officially going out this time?

We don’t know for sure, but amid today’s sea of red former market darling Appen (ASX:AHX) had a horrid time, slumping almost 20% on no news to $9.45 — well off its post-COVID highs above $40.

Also coming in for some rough treatment was the large cap travel cohort, as lingering virus fears dimmed sentiment

Qantas (ASX:QAN) fell by more than 5%, while Flight Centre (ASX:FLT) slumped 7.5%.