SP/ASX 200 rose 1.1% (+77.9 pts), closed at 7285 points, is testing MA50 (7294 pts).
Among the 150 largest-cap stocks, 125 (83%) closed higher. 69% of all ASX stocks ended higher, good for the market.
In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.2% to 5.1%. 6 sectors outperformed the market. The market was up 1.2%; Healthcare was up 5.1%, the best performer; Energy was down -0.2%, but already the worst performer.
● LIONTOWN RESOURCES (LTR) jumped 18% (+$0.25) after a 3-day losing streak, closed at $1.64, the best % gain in 5 months, crossed above MA20 and MA50 ($1.49, $1.55). The best performer with a huge increase in volume.
● TREASURY WINE ESTATES (TWE) soared 11.7% (+$1.23) after a 4-day losing streak, closed at $11.77, the best % gain in nearly 1 year, also a 22-day high, crossed above MA20, MA50 and MA200 ($10.91, $11.63, $11.74).
● VICINITY CENTRES (VCX) largely rebounded 11% (+$0.185), closed at $1.865, the best % gain in 15 months, also hit a YTD high, crossed above MA50 ($1.7).
● FLETCHER BUILDING (FBU) jumped 7.4% (+$0.43) after a 3-day losing streak, closed at $6.26, the best % gain in 15 months, crossed above MA20 ($6.13).
● NETWEALTH GROUP (NWL) largely retreated -9.8% (-$1.45), closed at $13.4, the worst % loss in nearly 11 months, also hit a YTD low. The worst performer with the largest increase in volume.
360miq.com/market?data=ASX#tab-3
