SP/ASX 200 largely rebounded +1.7% (+135 pts) after a 3-day losing streak, closed at 8202 points, the best % gain in nearly 5 months.
Among the 150 largest-cap stocks, 133 (89%) closed higher, 131 of them rose with a lower volume. 72% of all ASX stocks ended higher, the most in more than 4 months, good for the market.
In terms of sectors, 11 sectors closed up, 1 sector remained unchanged, ranging from 0% to +2.2%. 5 sectors outperformed the market. The market was up +1.6%; Technology was up +2.2%, the best performer, reflecting an increasing risk appetite; Utilities remained unchanged, but already the worst performer.
● SUPER RETAIL GROUP (SUL) surged +4.9% (+$0.73) after a 3-day losing streak, closed at $15.49, the best % gain in 4 months, also a 49-day high, crossed above MA20, MA50 and MA200 ($14.88, $14.77, $14.85). The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=SUL.AX
● BSP FINANCIAL GROUP (BFL) rebounded +1.4% (+$0.09), closed at $6.64, crossed above MA20 ($6.58). The largest increase in volume.
360miq.com/stockinfo?code=BFL.AX
● TUAS (TUA) jumped +4.5% (+$0.26), closed at $6.1.
360miq.com/stockinfo?code=TUA.AX
● GQG PARTNERS (GQG) plunged -4.6% (-$0.1), closed at $2.07, fell 3 days in a row. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=GQG.AX
360miq.com/market?data=ASX#tab-3
