SP/ASX 200 slightly rose 0.3% (+22.7 pts), closed at 7128 points, rose 3 days in a row, a 50-day high.
Among the 150 largest-cap stocks, 106 (71%) closed higher. 50% of all ASX stocks ended higher.
In terms of sectors, 8 sectors closed up, the market internal was more positive, 3 sectors closed down, 1 sector remained unchanged, ranging from -0.6% to 1.6%. 6 sectors outperformed the market. The market was up 0.3%; Consumer Defensive was up 1.6%, the best performer, reflecting a more risk-averse market; Healthcare was down -0.6%, the worst performer.
● CHALLENGER (CGF) largely rebounded 5.6% (+$0.36), closed at $6.76, the best % gain in nearly 4 months, is testing MA200 ($6.76). The best performer with a significant increase in volume.
● BRAMBLES (BXB) soared 5.1% (+$0.6), closed at $12.4, rose 3 days in a row, the best % gain in 3 months, also hit a YTD high.
● MAGELLAN FINANCIAL GROUP (MFG) tumbled -5.9% (-$0.88), closed at $14.12, the worst % loss in more than 1 month, crossed below MA20 ($14.56). The worst performer with a huge increase in volume.
● DOWNER EDI (DOW) tanked -5.2% (-$0.29), closed at $5.32, the worst % loss in more than 3 months, crossed below MA20 and MA200 ($5.47, $5.47).
360miq.com/market?data=ASX#tab-3
