SP/ASX 200 fell -1.1% (-78.8 pts), closed at 7352 points, the worst % loss in more than 1 month, also a 21-day low.
Among the 150 largest-cap stocks, 77 (51%) closed higher. 42% of all ASX stocks ended higher.
In terms of sectors, 6 sectors closed up, 5 sectors closed down, 1 sector remained unchanged, ranging from -3% to 1%. 9 sectors outperformed the market. The market was down -0.8%; Utilities was up 1%, the best performer, reflecting a decreasing risk appetite; Financial was down -3%, the worst performer.
● COCHLEAR (COH) spiked 7.7% (+$16.2) after a 7-day losing streak, closed at $225.28, the best % gain in more than 11 months, also hit a YTD high, crossed above MA20 ($212.96). The best performer with a huge increase in volume.
● STANMORE RESOURCES (SMR) soared 7.3% (+$0.26), closed at $3.83, the best % gain in more than 3 months, also hit a record high.
● TREASURY WINE ESTATES (TWE) plummeted -6.9% (-$0.99), closed at $13.34, the worst % loss in more than 26 months, also a 26-day low, crossed below MA50 ($13.9). The worst performer with a huge increase in volume.
● COMMONWEALTH BANK OF AUSTRALIA (CBA) plummeted -5.7% (-$6.25), closed at $103, fell 5 days in a row, the worst % loss in nearly 15 months, also a 29-day low, crossed below MA50 ($106.67). The largest increase in volume.
360miq.com/market?data=ASX#tab-3
