SP/ASX 200 rose 1.1% (+75.8 pts), closed at 7251 points, crossed above MA50 (7184 pts).
Among the 150 largest-cap stocks, 106 (71%) closed higher. 67% of all ASX stocks ended higher, good for the market.
In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.9% to 6.3%. only 2 sectors outperformed the market. Boosting by Technology and Industrials, The market was up 1.4%; Technology soared 6.3%, the best performer, reflecting an increasing risk appetite; Utilities was down -0.9%, the worst performer.
● MAGELLAN FINANCIAL GROUP (MFG) surged 6.6% (+$0.95), closed at $15.35. The best performer with a slight decrease in volume.
● CORONADO GLOBAL RESOURCES (CRN) largely retreated -4.5% (-$0.085), closed at $1.82. The worst performer with a significant decrease in volume.
● XERO (XRO) largely rose 3% (+$2.89), closed at $99.82, crossed above MA20 ($97.38). The largest increase in volume.
360miq.com/market?data=ASX#tab-3
