SP/ASX 200 slightly rose 0.3% (+20.3 pts), closed at 7035 points, is testing MA20 (7016 pts).
Among the 150 largest-cap stocks, 79 (53%) closed higher. 51% of all ASX stocks ended higher.
In terms of sectors, 8 sectors closed up, 3 sectors closed down, 1 sector remained unchanged, ranging from -1.2% to 2.4%. 5 sectors outperformed the market. The market was up 0.4%; Technology was up 2.4%, the best performer, reflecting an increasing risk appetite; Utilities was down -1.2%, the worst performer.
● QBE INSURANCE GROUP (QBE) largely fell -3.1% (-$0.48) after a 6-day winning streak, closed at $15.17, crossed below MA20 and MA50 ($15.38, $15.49). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=QBE.AX
● FISHER & PAYKEL HEALTHCARE (FPH) jumped 7.9% (+$1.62), closed at $22.2, the best % gain in nearly 1 year, also an 80-day high, crossed above MA200 ($22.11). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=FPH.AX
● MERIDIAN ENERGY (MEZ) largely retreated -3% (-$0.15) after a 3-day winning streak, closed at $4.81, crossed below MA200 ($4.82).
360miq.com/stockinfo?code=MEZ.AX
360miq.com/market?data=ASX#tab-3
