SP/ASX 200 largely retreated -1.6% (-106 pts), closed at 6700 points, a 45-day low.
Among the 150 largest-cap stocks, 13 (9%) closed higher. Only 26% of all ASX stocks ended higher.
In terms of sectors, 11 sectors closed down, 1 sector remained unchanged, ranging from -2.6% to 0%. 7 sectors outperformed the market. The market was down -1.5%; Utilities remained unchanged, but already the best performer, reflecting a more conservative market sentiment; Basic Materials was down -2.6%, the worst performer.
● WASHINGTON H SOUL PATTINSON & COMPANY (SOL) surged 5% (+$1.28), closed at $27.1, the best % gain in nearly 1 year, also a 93-day high, crossed above MA200 ($26.53). The best performer with a significant increase in volume.
● VIVA ENERGY GROUP (VEA) surged 4.6% (+$0.12) after a 3-day losing streak, closed at $2.75, is testing MA20 ($2.75).
● CHAMPION IRON (CIA) largely retreated -5.6% (-$0.3), closed at $5.1, crossed below MA20 ($5.22). The worst performer with a slight increase in volume.
● GENESIS ENERGY (GNE) largely retreated -5.2% (-$0.14), closed at $2.53, the worst % loss in more than 7 months, also a 40-day low, crossed below MA20, MA50 and MA200 ($2.64, $2.64, $2.57). The largest increase in volume.
360miq.com/market?data=ASX#tab-3
