SP/ASX 200 rebounded +0.5% (+39 pts) after a 3-day losing streak, closed at 8231 points, is testing MA20 (8244 pts).
Among the 150 largest-cap stocks, 109 (73%) closed higher. 58% of all ASX stocks ended higher.
In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -0.4% to +1.3%. 6 sectors outperformed the market. The market was up +0.4%; Basic Materials, Energy were up +1.3%, the best performers; Technology was down -0.4%, but already the worst performer.
● CHAMPION IRON (CIA) largely rose +3.2% (+$0.18), closed at $5.82, crossed above MA20 and MA50 ($5.77, $5.76). The largest increase in volume.
360miq.com/stockinfo?code=CIA.AX
● WHITEHAVEN COAL (WHC) jumped +6.6% (+$0.4), closed at $6.45, the best % gain in nearly 15 months, also a 23-day high, crossed above MA20 and MA50 ($6.12, $6.38). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=WHC.AX
● MESOBLAST (MSB) plummeted -9.3% (-$0.26), closed at $2.55, fell 3 days in a row. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=MSB.AX
360miq.com/market?data=ASX#tab-3
