SP/ASX 200 fell -0.6% (-47.2 pts), closed at 7443 points.
Among the 150 largest-cap stocks, 45 (30%) closed higher. 37% of all ASX stocks ended higher.
In terms of sectors, 2 sectors closed up, 9 sectors closed down, 1 sector remained unchanged, ranging from -3.7% to 0.5%. 7 sectors outperformed the market. The market was down -0.7%; Utilities was up 0.5%, the best performer, reflecting a decreasing risk appetite; Technology was down -3.7%, the worst performer.
● LIONTOWN RESOURCES (LTR) plunged -6.7% (-$0.125), closed at $1.75, fell 3 days in a row, crossed below MA20 ($1.79). The worst performer but with average volume.
● NEXGEN ENERGY (CANADA) (NXG) largely fell -3.8% (-$0.29), closed at $7.3. The largest increase in volume.
● MAGELLAN FINANCIAL GROUP (MFG) largely rebounded 11.4% (+$1.76), closed at $17.23, the best % gain in more than 1 month, also a 26-day high, crossed above MA50 ($16.52). The best performer with a significant increase in volume.
● GQG PARTNERS (GQG) largely rebounded 9.7% (+$0.135), closed at $1.53, a 35-day high, crossed above MA50 ($1.44).
● WISETECH GLOBAL (WTC) tumbled -6.5% (-$3.45), closed at $49.25, the worst % loss in more than 1 month, crossed below MA20 ($50.66).
● ARB (ARB) tumbled -5.7% (-$2.35) after a 3-day winning streak, closed at $39.07, the worst % loss in nearly 3 months, crossed below MA20 ($40.58).
360miq.com/market?data=ASX#tab-3
