SP/ASX 200 largely rose 1.9% (+127 pts), closed at 6706 points, rose 3 days in a row, the best % gain in nearly 5 months.
Among the 150 largest-cap stocks, 125 (83%) closed higher. 62% of all ASX stocks ended higher.
In terms of sectors, all sectors were up with gains from 1% to 3.6%. 4 sectors outperformed the market. The market was up 2%; Technology was up 3.6%, the best performer, reflecting an increasing risk appetite; Real Estate was up 1%, but already the worst performer.
● CONTACT ENERGY (CEN) largely rebounded 7.3% (+$0.475), closed at $6.95, the best % gain in 10 months, crossed above MA20 ($6.71). The best performer with a slight decrease in volume.
● ALLKEM (AKE) surged 7.1% (+$0.72), closed at $10.81, the best % gain in nearly 3 months, crossed above MA200 ($10.26).
● FLIGHT CENTRE TRAVEL GROUP (FLT) largely rebounded 6.6% (+$1.14) after a 3-day losing streak, closed at $18.39, the best % gain in more than 4 months.
● EVOLUTION MINING (EVN) plummeted -21.9% (-$0.74), closed at $2.64, fell 3 days in a row, the worst % loss in more than 164 months, also hit a YTD low. The worst performer with the largest increase in volume.
● NORTHERN STAR RESOURCES (NST) plunged -12.1% (-$0.97), closed at $7.02, the worst % loss in nearly 27 months, also hit a YTD low.
360miq.com/market?data=ASX#tab-3
