The ASX 200 finished the week on a low note, falling by 0.41% for the day and down 0.68% for the week.

Prior to today, the local bourse was on a three-day winning streak, following the big 2.1% crash on Monday.

Energy was the best performing sector today, up by 1.45%, while Real Estate the worst, down by 2%.

Woodside Petroleum (ASX:WPL), which paid dividends today, and Santos (ASX:STO), both rose around 2%.

Meanwhile the fall in the property sector coincides with calls from IMF (International Monetary Fund) for the Australian government to crack down on surging property prices.

The RBA has also sounded a warning on Australia’s high levels of household debt amid rising property prices, saying that the central bank is “continually assessing” possible regulatory measures to address financial stability risks.

Overseas, shares in embattled Chinese property developer Evergrande tumbled by 7% in Hong Kong, as investors awaited news about a $83.5m payment that was due to US bond investors on Thursday.

BIG CAP WINNERS

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Computershare (ASX:CPU) was the best performing large stock, rising by almost 6% and touching a 52-week high in intraday trading, on no specific news.

There was however an announcement on Wednesday that CPU founder Chris Morris would leave the Board to be replaced by John Nendic.

Australian Ethical Investment (ASX:AEF) rose 4.5% after releasing its annual report.

The fund manager said it will be launching one of the only ‘100% ethical’ multi-asset high growth funds in Australia.

The fund will open with a an opening balance of $250 million, and will invest in markets such as climate technologies, renewable energies, medtech and biotech.

BIG CAP LOSERS

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Industrial manufacturer PPK Group (ASX:PPK) lost 10% on no news. Yesterday, the company announced a joint venture to produce anti-viral and anti-bacterial face masks.