SP/ASX 200 rose 1.3% (+95.9 pts) after a 3-day losing streak, closed at 7357 points, the best % gain in nearly 3 months, crossed above MA50 and MA200 (7301 pts, 7351 pts).
Among the 150 largest-cap stocks, 104 (69%) closed higher. 55% 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 3.9%. only 2 sectors outperformed the market. Boosting by Basic Materials and Technology, The market was up 1.4%; Basic Materials was up 3.9%, the best performer; Consumer Defensive was down -0.4%, but already the worst performer.
● ANGLOGOLD ASHANTI (AGG) largely retreated -3.8% (-$0.22), closed at $5.5, a 50-day low. The worst performer with a significant decrease in volume.
● AMP (AMP) spiked 12.1% (+$0.125), closed at $1.16, the best % gain in nearly 1.5 years, also hit a YTD high. The best performer with the largest increase in volume.
● GQG PARTNERS (GQG) largely fell -3.5% (-$0.05), closed at $1.38, fell 5 days in a row, crossed below MA50 ($1.42).
360miq.com/market?data=ASX#tab-3
