SP/ASX 200 rebounded 1.3% (+91.1 pts) after a 4-day losing streak, closed at 7115 points, the best % gain in more than 1 month, crossed above MA50 (7047 pts).
Among the 150 largest-cap stocks, 126 (84%) closed higher, 107 of them rose with a lower volume. 67% of all ASX stocks ended higher, the most in more than 1 month, good for the market.
In terms of sectors, all sectors were up with gains from 0.4% to 2.7%. 4 sectors outperformed the market. The market was up 1.3%; Energy was up 2.7%, the best performer; Financial was up 0.4%, but already the worst performer.
● EVOLUTION MINING (EVN) largely rebounded 8.1% (+$0.23), closed at $3.07, the best % gain in more than 1 month, also a 126-day high, crossed above MA200 ($2.94). The best performer but with average volume.
● TPG TELECOM (TPG) fell -1% (-$0.05), closed at $4.72, fell 3 days in a row, a 40-day low. The largest increase in volume.
● SSR MINING (SSR) largely rebounded 8% (+$1.76), closed at $23.72, the best % gain in more than 1 month, also a 108-day high, crossed above MA20 ($22.51).
360miq.com/market?data=ASX#tab-3
