SP/ASX 200 rose 0.7% (+51.1 pts), closed at 7049 points, rose 1.1% (+77 pts) for the month.
Among the 150 largest-cap stocks, 91 (61%) closed higher. 51% of all ASX stocks ended higher.
In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -0.2% to 2.4%. 4 sectors outperformed the market. The market was up 0.6%; Basic Materials was up 2.4%, the best performer; Financial was down -0.2%, but already the worst performer.
● CONTACT ENERGY (CEN) largely rebounded 6.5% (+$0.47) after a 4-day losing streak, closed at $7.67, the best % gain in more than 6 months, rose 4.2% (+$0.31) for the month, crossed above MA20, MA50 and MA200 ($7.57, $7.49, $7.6).
● LYNAS RARE EARTHS (LYC) jumped 6.9% (+$0.66), closed at $10.23, the best % gain in nearly 2 months, also a 24-day high, rose 14.3% (+$1.28) for the month, crossed above MA50 ($9.75). The best performer today with a slight increase in volume.
● BLUESCOPE STEEL (BSL) soared 6.2% (+$1.19), closed at $20.24, the best % gain in 7 months, also a 27-day high, rose 10.7% (+$1.96) for the month, crossed above MA50 ($19.97).
● AVZ MINERALS (AVZ) spiked 6% (+$0.045), closed at $0.79, rose 12.9% (+$0.09) for the month, crossed above MA20 and MA50 ($0.78, $0.78).
● SANDFIRE RESOURCES (SFR) plunged -4.3% (-$0.3), closed at $6.7, fell 3 days in a row, the worst % loss in 1 month, rose 0.1% (+$0.01) for the month, crossed below MA50 ($6.86). The worst performer today with a significant increase in volume.
● INSURANCE AUSTRALIA GROUP (IAG) largely fell -4% (-$0.19), closed at $4.6, fell 3 days in a row, the worst % loss in nearly 4 months, rose 8.5% (+$0.36) for the month, crossed below MA20 and MA200 ($4.64, $4.79).
● DOMINO’S PIZZA ENTERPRISES (DMP) largely retreated -4% (-$3.25), closed at $78.95, hit a YTD low, fell -23.6% (-$24.45) for the month.
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