SP/ASX 200 rose 0.7% (+50.5 pts), closed at 7515 points, rose 7 days in a row, a 58-day high.
Among the 150 largest-cap stocks, 108 (72%) closed higher. 60% of all ASX stocks ended higher.
In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -1% to 4.6%. 6 sectors outperformed the market. The market was up 1%; Technology was up 4.6%, the best performer, reflecting an increasing risk appetite; Energy was down -1%, the worst performer.
● ATLAS ARTERIA (ALX) rebounded 1.7% (+$0.11) after a 3-day losing streak, closed at $6.52, crossed above MA20 and MA50 ($6.48, $6.45). The largest increase in volume.
● MAGELLAN FINANCIAL GROUP (MFG) soared 8.5% (+$1.28), closed at $16.29, the best % gain in more than 1 month. The best performer with a significant increase in volume.
● BLOCK (SQ2) jumped 6.1% (+$11.21), closed at $194.36, hit a record high.
● INCITEC PIVOT (IPL) largely retreated -5.5% (-$0.22) after a 3-day winning streak, closed at $3.78, the worst % loss in more than 1 month. The worst performer with a significant increase in volume.
360miq.com/market?data=ASX#tab-3
