SP/ASX 200 largely fell -1.6% (-119 pts) after a 4-day winning streak, closed at 7065 points.
Among the 150 largest-cap stocks, 22 (15%) closed higher. Only 24% of all ASX stocks ended higher.
In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -4% to 0.4%. 6 sectors outperformed the market. The market was down -1.6%; Utilities was up 0.4%, but already the best performer, reflecting a more conservative market sentiment; Consumer Cyclical was down -4%, the worst performer.
● ARISTOCRAT LEISURE (ALL) jumped 6.7% (+$2.13), closed at $33.73, the best % gain in more than 21 months, also a 27-day high, crossed above MA20 ($32.32). The best performer with a significant increase in volume.
● WESFARMERS (WES) sank -7.8% (-$3.9), closed at $45.89, the worst % loss in nearly 26 months, also hit a YTD low, crossed below MA20 and MA50 ($49.06, $49.4). The worst performer with the largest increase in volume.
● JB HI-FI (JBH) tanked -6.6% (-$3.19), closed at $44.89, the worst % loss in 1.5 years, also a 74-day low, crossed below MA200 ($47.48).
360miq.com/market?data=ASX#tab-3
