On the back of a series of promising earnings results, and renewed speculation that the RBA could be forced to cut rates once again, the ASX hit a new record-high throughout the trading week. These catalysts offset concerns around the Coronavirus, although it didn't stop the market from punishing a few growth stocks that fell short of reporting expectations. The ASX 200 advanced 0.1% to 7,139 points, while the All Ordinaries held steady, closing on 7,230.4 points.

Which shares excelled?

Waste management business Cleanaway (ASX: CWY) topped the charts last week as the index best-performing stock, surging 20.3% following its HY20 results on Wednesday. Despite challenging industry conditions, primarily due to falling commodity prices and a waste levy imposed in Queensland, the company managed to post an increase in net profit for the half.Shares in AMP (ASX: AMP) received a much-needed boost, with the company market cap rebounding 12.9% across the trading week. It appears shareholders began to appreciate some of the efforts being made by the company to reinvigorate growth, with its recent results presentation prompting a key stock upgrade within the Australian broker community.Divestment activity helped propel shares in Viva Energy Group (ASX: VEA) higher by 11.2%. The oil company announced that it would be selling a 33.5% stake in the Viva Energy REIT (ASX: VVR), with the proceeds set to underpin a potential buy-back of shares that would return capital to shareholders.Better-than-expected results from Vocus (ASX: VOC), Coca-Cola Amatil (ASX: CCL) and Lend Lease Group (ASX: LLC) ensured they each featured among last week leading stocks. The highlight in Vocus' result was an increase in recurring revenue, while for Coca-Cola Amatil investors cheered the return of positive revenue growth within the company local operations for the first time in 7 years.Elsewhere, strong performances came from Super Retail Group (ASX: SUL), Domino Pizza (ASX: DMP), Boral (ASX: BLD) and QBE (ASX: QBE). Each company gained approximately 7-8% in light of their earnings results.[caption id="attachment_2830" align="aligncenter" width="525"]

Waste management business Cleanaway smashed expectations last week[/caption]

Which shares dragged on the market?

Without a shadow of a doubt, the stock that had the toughest time last week was WiseTech Global (ASX: WTC), with the market-darling crashing 33.6%. The company cited the Coronavirus as having a once-in-a-generation impact on its operations, leaving management no choice but to drastically reduce the firm guidance outlook for FY20. The stock is now down about 50% from its all-time high achieved in September last year.The fortunes of EML Payments (ASX: EML) turned on a dime rather quickly last week, having performed strongly ahead of its first-half earnings result. Shares in the company plummeted 18.2%. The damage was caused by speculation that the business could face delays with respect to regulatory approval of a key acquisition in Ireland.Another company that cited the Coronavirus as a dampener on its results was PCB design-software firm Altium (ASX: ALU). Management now expect the business to deliver revenue at the bottom-end of its guidance range, which prompted shareholders to head for the exit. ALU shares dived 17.7% throughout the trading week.Coal miners were caught up among the list of poor performers, with New Hope Corporation (ASX: NHC) and Whitehaven Coal (ASX: WHC) both under significant selling pressure due to higher production costs and lower coal prices. However, one of the more intriguing developments across the week was a sharp fall in Zip Co (ASX: Z1P), with the stock down 10.7% just as around 5.5 million shares were released from escrow.Last but not least, Tabcorp (ASX: TAH) shed 10.3% of its market cap after the diversified gambling business fell short of its profit guidance and also raised its forecast for merger costs with UBET.[caption id="attachment_2831" align="aligncenter" width="525"]

Altium shares plunged last week amid an impact from the Coronavirus[/caption]

Other trading developments

Amid its results on Monday morning, Bendigo Bank (ASX: BEN) announced that it would be shoring up its balance sheet courtesy of a $300m capital raise. This included a $250 million institutional placement priced at $9.34 per share, ultimately pushing the stock down by 5.2% to $10.02 by the end of the week.Elsewhere, BHP (ASX: BHP) and Fortescue Metals Group (ASX: FMG) announced bumper dividends for shareholders, with each company receiving a sizeable boost from high iron ore prices that underpinned the profits they reported during the week.Little Green Pharma (ASX: LGP) made its ASX listing on Thursday, with the medicinal cannabis company sharing the same disappointing debut as some of its recently-listed peers, falling 22.2% on the first day. However, a strong rebound ensued the next day, with the stock clawing back all of its losses and actually inching above its ipo price.[caption id="attachment_2832" align="aligncenter" width="525"]

A2 Milk should be one of the most-watched stocks this week[/caption]

This week trading outlook

ASX futures are suggesting the index will fall at the open on Monday, with Friday US trading session seeing a shift away from IT stocks towards safe-haven buying. That means gold stocks could be on the radar of local investors in the week ahead.One of the more prominent developments this week, however, will be the debut of the S&P/ASX All Technology Index, trading under the symbol XTX. Featuring all of the market's most-loved IT stocks, the index will initially consist of 46 constituents with a combined market cap of over $100 billion.Meanwhile, as earnings season enters its fourth week, there will also be some eagerly anticipated results on show, particularly from some of the market favourite growth stocks. This includes Appen (ASX: APX), with results scheduled to be released on Tuesday, followed by A2 Milk (ASX: A2M) and Afterpay (ASX: APT), both of which will report on Thursday. Other key stocks that will report in the week ahead are Rio Tinto (ASX: RIO), Woolworths (ASX: WOW) and Ramsay Health Care (ASX: RHC).A shortage of local economic news this week will ensure that traders turn their attention offshore, where the US is set to report GDP growth on Friday morning Australian time.It also peak season for dividend hunters, with no shortage of companies from a wide range of sectors trading ex-dividend over the coming days. Wesfarmers (ASX: WES) and Woodside Petroleum (ASX: WPL) will both go ex-dividend on Monday with dividends of $0.75 and $0.8175 respectively, each fully-franked. The next-highest payout will come from Domino Pizza, with the company $0.667 fully-franked dividend available to investors who buy the stock before Tuesday ex-dividend date.Coronado Global (ASX: CRN) enters the week trading at an all-time low, while Tabcorp aforementioned issues have led the stock to a yearly-low. It a better outlook for Fisher & Paykel Healthcare (ASX: FPH), Northern Star Resources (ASX: NST) and Credit Corp Group (ASX: CCP), with the trio ringing in the new week at an all-time high.

We'll be back next week with another Weekly ASX Trading Wrap Up - until then, have a great week!