Here's how the ASX 200 market sectors stacked up last week

Industrials was the best performer among the ASX 200 sectors last week with just a minor 0.69% rise.

Meantime, the materials sector was pummelled, recording a 4.83% loss over the five trading days.

The S&P/ASX 200 Index (ASX: XJO) fell heavily, losing 2.47% of its value to close at a three-month low of 8,067 points on Friday.

This represents a stark demise since the benchmark index set a record high of 8,514.5 points on 3 December. Since then, the ASX 200 has tanked by 4.38%.

The United States Federal Reserve put a dampener on investor sentiment last week.

While it cut interest rates by 25 basis points to a range of 4.25% to 4.5%, Fed chair Jay Powell said he anticipated only two cuts in the new year instead of a previously forecast four cuts.

This is due to a growing economy in which inflation is beginning to move "sideways" rather than further down.

Let's take a look at what happened last week.

Industrials led the ASX sectors last week

The industrials sector's largest stock, Transurban Group Ltd (ASX: TCL), gained 5.65% last week to finish at $13.47 per share on Friday.

The Brambles Ltd (ASX: BXB) share price lost 0.88% to close at $19.07.

Computershare Ltd (ASX: CPU) shares lifted 0.72% to $33.58.

SGH Ltd (ASX: SGH) shares lost 2.9% to close at $44.91 on Friday.

Reece Ltd (ASX: REH) fell 3.92% to close out the week at $22.78.

Qantas Airways Ltd (ASX: QAN) shares fell 1.64% to finish at $8.72 per share. Last week, the company announced a $120 million settlement package for the illegal sacking of ground crew during COVID.

Fellow ASX 200 airline share, Auckland International Airport Limited (ASX: AIA), rose 0.88% to $7.42.

The ALS Ltd (ASX: ALQ) share price rose by 0.72% to $15.25.

Worley Ltd (ASX: ING) gained 1.59% to $13.42 per share.

Qube Holdings Ltd (ASX: QUB) rose by 0.78% to $3.88 per share.

Cleanaway Waste Management Ltd (ASX: CWY) declined by 1.83% to $2.68 per share.

Aurizon Holdings Ltd (ASX: AZJ) shares fell 1.97% to $3.24 apiece.

The Ventia Services Group Ltd (ASX: VNT) share price rose 3.47% to $3.58. The gain was due to news that Ventia will expand its longstanding partnership with Telstra Group Ltd (ASX: TLS).

NRW Holdings Limited (ASX: NWH) lifted 2.02% to $3.79 per share.

ASX 200 market sector snapshot

Here's how the 11 market sectors stacked up last week, according to CommSec data.

Over the five trading days:

S&P/ASX 200 market sector	Change last week
Industrials (ASX: XNJ)	0.69%
Utilities (ASX: XUJ)	0.5%
Consumer Staples (ASX: XSJ)	(1%)
Healthcare (ASX: XHJ)	(1.01%)
Information Technology (ASX: XIJ)	(1.54%)
A-REIT (ASX: XPJ)	(1.92%)
Communication (ASX: XTJ)	(2.19%)
Energy (ASX: XEJ)	(2.25%)
Financials (ASX: XFJ)	(3.36%)
Consumer Discretionary (ASX: XDJ)	(3.44%)
Materials (ASX: XMJ)	(4.83%)

The post Here's how the ASX 200 market sectors stacked up last week appeared first on The Motley Fool Australia.

Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Transurban Group. The Motley Fool Australia has positions in and has recommended Telstra Group. The Motley Fool Australia has recommended Aurizon. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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