SP/ASX 200 fell -0.4% (-33.9 pts), closed at 7504 points.
Among the 150 largest-cap stocks, 39 (26%) closed higher. 40% of all ASX stocks ended higher.
In terms of sectors, 1 sector closed up, 10 sectors closed down, 1 sector remained unchanged, ranging from -1.5% to 1.9%. 7 sectors outperformed the market. The market was down -0.5%; Utilities was up 1.9%, the best performer, reflecting a more conservative market sentiment; Technology was down -1.5%, the worst performer.
● MERCURY NZ (MCY) largely rebounded 6.3% (+$0.36), closed at $6.08, the best % gain in more than 1 month, crossed above MA20 and MA200 ($5.82, $5.81). The best performer with a significant decrease in volume.
360miq.com/stockinfo?code=MCY.AX
● LIONTOWN RESOURCES (LTR) largely retreated -8.3% (-$0.14) after a 5-day winning streak, closed at $1.54, crossed below MA50 ($1.65). The worst performer but with average volume.
360miq.com/stockinfo?code=LTR.AX
● ALLKEM (AKE) tanked -5.6% (-$0.58), closed at $9.83, fell 3 days in a row, the worst % loss in more than 9 months. The largest increase in volume.
360miq.com/stockinfo?code=AKE.AX
● EAGERS AUTOMOTIVE (APE) largely retreated -7.8% (-$1.18) after a 5-day winning streak, closed at $14.02, the worst % loss in 37 months.
360miq.com/stockinfo?code=APE.AX