• The ASX 200 rose just 8 points to 7304 as enthusiasm waned into the weekend, big sell off in the last hour or so. Banks and miners driving the gains as tech crumbled. The Big Bank Basket rose to $176.11 (1.5%) with CBA up 2.4% and ANZ rallying 0.7%. Insurers were better with QBE seeing some bargain hunting up 0.2% and IAG better by 0.9%. 
• Miners saw good solid gains after a rise in commodity prices. Gold miners were in demand with NCM up 3.7% DEG up 5.1% and NST rallying 5.6%. Iron ore giants BHP rose 1.8% and FMG up 1.0% with base metals also better, IGO up 1.2% and NIC up 2.3%. Energy stocks also finished a lacklustre week on a higher note, WPL up 0.6% and STO rising 0.6%. Tech stocks and high PE wannabes were mauled by a Nasdaq bear following large falls on Wall Street and a probe launched in the US into the BNPL sector. APT fell 7.6% and Z1P down 6.1%. XRO also under pressure down 4.7% as darlings like CXL fell hard by 5.6%. 
• Healthcare stocks fell led by CSL down 0.3% and below issue price.
• The All-Tech Index was 3.4% lower. Nasty. In the industrials we saw some book squaring in the consumer staples like WOW up 0.7% and COL up 0.3%. 
• In corporate news, TCL fell 1.0% after settling for a $2bn hit on its tunnel dispute. BNPL stocks whacked on US probe. Nothing on the economic front.  10-year yield rises to 1.60%.

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