SP/ASX 200 rose +1.1% (+82.2 pts), closed at 7649 points, the best % gain in more than 2 months.
Among the 150 largest-cap stocks, 124 (83%) closed higher, 110 of them rose with a lower volume. 59% of all ASX stocks ended higher.
In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -1% to +1.6%. 7 sectors outperformed the market, the market internal was more positive. The market was up +1%; Communication, Healthcare were up +1.6%, the best performers, reflecting an increasing risk appetite; Energy was down -1%, the worst performer.
● SOUTH32 (S32) largely rebounded +5.6% (+$0.18), closed at $3.37, the best % gain in more than 16 months, crossed above MA200 ($3.3). The best performer but with average volume.
360miq.com/stockinfo?code=S32.AX
● PALADIN ENERGY (PDN) tumbled -8.2% (-$1.26) after a 3-day winning streak, closed at $14.04, the worst % loss in nearly 11 months. The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=PDN.AX
● SEEK (SEK) largely rebounded +5.4% (+$1.27) after a 5-day losing streak, closed at $25, the best % gain in 5 months, crossed above MA20 and MA200 ($24.61, $23.92). The largest increase in volume.
360miq.com/stockinfo?code=SEK.AX