SP/ASX 200 surged 3.8% (+242 pts), closed at 6699 points, the best % gain in more than 27 months, is testing MA20 (6705 pts).
Among the 150 largest-cap stocks, 146 (97%) closed higher. 78% of all ASX stocks ended higher, the most in 2 years, good for the market.
In terms of sectors, all sectors were up with gains from 1.6% to 4.5%. 5 sectors outperformed the market. The market was up 3.6%; Technology was up 4.5%, the best performer, reflecting a more aggressive market sentiment; Utilities was up 1.6%, but already the worst performer.
● PILBARA MINERALS (PLS) spiked 12.3% (+$0.56), closed at $5.11, the best % gain in more than 22 months, also hit a record high. The best performer with a significant increase in volume.
● ANGLOGOLD ASHANTI (AGG) soared 7.3% (+$0.3), closed at $4.4, the best % gain in more than 8 months, also a 32-day high. The largest increase in volume.
● ZIMPLATS (ZIM) retreated -2.1% (-$0.53) after a 4-day winning streak, closed at $25.2, crossed below MA50 ($25.35). The worst performer with a significant increase in volume.