SP/ASX 200 tumbled -2.6% (-181 pts) after a 4-day winning streak, closed at 6829 points, the worst % loss in 3 months, crossed below MA20 and MA50 (6948 pts, 6894 pts).
Among the 150 largest-cap stocks, 7 (5%) closed higher. Only 23% of all ASX stocks ended higher.
In terms of sectors, all sectors were down with losses from -1% to -4.1%. 6 sectors outperformed the market. The market was down -2.4%; Utilities was down -1%, but already the best performer, reflecting a more conservative market sentiment; Technology was down -4.1%, the worst performer.
● JANUS HENDERSON GROUP (JHG) largely retreated -5.6% (-$2.07) after a 5-day winning streak, closed at $35.01, the worst % loss in more than 2 months, crossed below MA20 and MA50 ($35.54, $35.52). The worst performer with a slight increase in volume.
● PALADIN ENERGY (PDN) largely retreated -5.3% (-$0.05), closed at $0.895.
● BLOCK (SQ2) plummeted -5.1% (-$5.53), closed at $103.45, crossed below MA20 and MA50 ($103.64, $106.71).
● EVOLUTION MINING (EVN) largely retreated -5.1% (-$0.12) after a 4-day winning streak, closed at $2.22.
360miq.com/market?data=ASX#tab-3
