SP/ASX 200 largely fell -1.8% (-141 pts), closed at 7613 points, fell 4 days in a row, the worst % loss in 13 months, also a 35-day low, crossed below MA50 (7714 pts).
Among the 150 largest-cap stocks, 11 (7%) closed higher. Only 22% of all ASX stocks ended higher, the least in more than 1.5 years.
In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -2.9% to +1.2%. 6 sectors outperformed the market. The market was down -1.8%; Utilities was up +1.2%, the best performer, reflecting a more conservative market sentiment; Technology was down -2.9%, the worst performer.
● MERCURY NZ (MCY) largely rebounded +5.9% (+$0.35) after a 3-day losing streak, closed at $6.3, crossed above MA20 and MA50 ($6.28, $6.26). The best performer with a significant decrease in volume.
360miq.com/stockinfo?code=MCY.AX
● LIONTOWN RESOURCES (LTR) sank -6.3% (-$0.08), closed at $1.18, fell 4 days in a row, the worst % loss in 1 month, crossed below MA20 and MA50 ($1.22, $1.19). The worst performer but with average volume.
360miq.com/stockinfo?code=LTR.AX
● IGO (IGO) largely retreated -5.7% (-$0.44), closed at $7.24, the worst % loss in 3 months, crossed below MA20 and MA50 ($7.33, $7.33).
360miq.com/stockinfo?code=IGO.AX
● CHARTER HALL GROUP (CHC) plunged -5.3% (-$0.66), closed at $11.76, fell 6 days in a row, the worst % loss in nearly 14 months, also a 47-day low. The largest increase in volume.
360miq.com/stockinfo?code=CHC.AX
● BLOCK (SQ2) plummeted -5.4% (-$6.48), closed at $113.31, the worst % loss in more than 3 months, also a 35-day low, crossed below MA50 ($116.25).
360miq.com/stockinfo?code=SQ2.AX
360miq.com/market?data=ASX#tab-3
