SP/ASX 200 rose 1.3% (+90.9 pts), closed at 7310 points, the best % gain in 3 months, also a 20-day high, crossed above MA50 (7257 pts).
Among the 150 largest-cap stocks, 108 (72%) closed higher. 58% of all ASX stocks ended higher.
In terms of sectors, 9 sectors closed up, 3 sectors closed down, ranging from -0.7% to 1.8%. 3 sectors outperformed the market. The market was up 0.8%; Basic Materials was up 1.8%, the best performer; Utilities was down -0.7%, the worst performer.
● SANDFIRE RESOURCES (SFR) surged 5.7% (+$0.36), closed at $6.7, the best % gain in 5 months, also hit a YTD high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=SFR.AX
● NEWCREST MINING (NCM) jumped 5.4% (+$1.52), closed at $29.74, rose 4 days in a row, hit a YTD high.
360miq.com/stockinfo?code=NCM.AX
● MERIDIAN ENERGY (MEZ) largely retreated -4.8% (-$0.24), closed at $4.77, the worst % loss in more than 1 month, crossed below MA20 and MA50 ($4.84, $4.85). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=MEZ.AX
360miq.com/market?data=ASX#tab-3
