SP/ASX 200 tanked -3.7% (-293 pts), closed at 7650 points, the worst % loss in 51 months, also a 45-day low, crossed below MA50 (7835 pts).
Among the 150 largest-cap stocks, 4 (3%) closed higher. Only 13% of all ASX stocks ended higher, the least in 2 years.
In terms of sectors, all sectors were down with losses from -1.6% to -8%. 7 sectors outperformed the market. The market was down -3.8%; Utilities was down -1.6%, but already the best performer, reflecting a more risk-averse market; Technology sank -8%, the worst performer.
● NEXGEN ENERGY (CANADA) (NXG) tumbled -6.4% (-$0.58), closed at $8.52, hit a YTD low. The largest increase in volume.
360miq.com/stockinfo?code=NXG.AX
● RESMED (RMD) largely rebounded +2.9% (+$0.93), closed at $32.73, a 50-day high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=RMD.AX
● BLOCK (SQ2) largely retreated -10.6% (-$10.57) after a 3-day winning streak, closed at $89.53, the worst % loss in more than 16 months, also hit a YTD low, crossed below MA20 and MA50 ($98.6, $97.52). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=SQ2.AX
● LIFE360 (360) tanked -9.1% (-$1.51), closed at $15.17, the worst % loss in nearly 25 months, also a 35-day low, crossed below MA20 and MA50 ($16.38, $15.76).
360miq.com/stockinfo?code=360.AX
360miq.com/market?data=ASX#tab-3
