SP/ASX 200 rose 1.1% (+72.6 pts) after a 3-day losing streak, closed at 6613 points.
Among the 150 largest-cap stocks, 126 (84%) closed higher, 109 of them rose with a lower volume. 72% of all ASX stocks ended higher, the most in more than 9 months, good for the market.
In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.7% to 3.3%. 6 sectors outperformed the market. The market was up 1.2%; Technology was up 3.3%, the best performer, reflecting a more aggressive market sentiment; Utilities was down -0.7%, the worst performer.
● APM HUMAN SERVICES INTERNATIONAL (APM) surged 10.6% (+$0.31), closed at $3.23, rose 3 days in a row, the best % gain in 4 months, also a 25-day high, crossed above MA50 ($3.03). The best performer but with average volume.
● INFRATIL (IFT) largely rebounded 3.1% (+$0.21) after a 3-day losing streak, closed at $7.01, crossed above MA20 ($7). The largest increase in volume.
● CONTACT ENERGY (CEN) sank -5.7% (-$0.38), closed at $6.27. The worst performer with a huge increase in volume.