SP/ASX 200 sank -3% (-215 pts), closed at 6991 points, the worst % loss in more than 17 months, crossed below MA20 (7159 pts).
Among the 150 largest-cap stocks, 14 (9%) closed higher. Only 17% of all ASX stocks ended higher.
In terms of sectors, all sectors were down with losses from -1.5% to -9%. 8 sectors outperformed the market. The market was down -3.2%; Consumer Defensive was down -1.5%, but already the best performer, reflecting a more conservative market sentiment; Technology was down -9%, the worst performer.
● CIMIC GROUP (CIM) jumped 33.4% (+$5.51), closed at $22, the best % gain in 23 months, also hit a YTD high, crossed above MA50 and MA200 ($16.87, $19.14). The best performer with the largest increase in volume.
● FLIGHT CENTRE TRAVEL GROUP (FLT) largely retreated -10.1% (-$2.04), closed at $18.09, the worst % loss in nearly 20 months, crossed below MA20 and MA50 ($19.21, $18.17). The worst performer with a huge increase in volume.
● MERIDIAN ENERGY (MEZ) tumbled -9.3% (-$0.45), closed at $4.4, the worst % loss in more than 19 months, crossed below MA20, MA50 and MA200 ($4.52, $4.48, $4.7).
360miq.com/market?data=ASX#tab-3
