SP/ASX 200 fell -1.5% (-110 pts), closed at 7195 points, the worst % loss in more than 1 month, also a 24-day low, crossed below MA50 and MA200 (7253 pts, 7232 pts).
Among the 150 largest-cap stocks, 24 (16%) closed higher. 35% of all ASX stocks ended higher.
In terms of sectors, 11 sectors closed down, 1 sector remained unchanged, ranging from -3.1% to 0%. 8 sectors outperformed the market. The market was down -1.4%; Utilities remained unchanged, but already the best performer, reflecting a decreasing risk appetite; Technology was down -3.1%, the worst performer.
● MIRVAC GROUP (MGR) largely rebounded 5.3% (+$0.12) after a 3-day losing streak, closed at $2.4, the best % gain in more than 10 months, also hit a YTD high, crossed above MA20 ($2.33). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=MGR.AX
● FLETCHER BUILDING (FBU) tanked -9.3% (-$0.47), closed at $4.6, fell 3 days in a row, the worst % loss in more than 40 months, also a 43-day low, crossed below MA50 ($4.97). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=FBU.AX
360miq.com/market?data=ASX#tab-3
