SP/ASX 200 retreated -0.7% (-48.6 pts), closed at 7230 points, crossed below MA50 and MA200 (7265 pts, 7245 pts).
Among the 150 largest-cap stocks, 33 (22%) closed higher, 27 of them rose with a lower volume. Only 33% of all ASX stocks ended higher.
In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -2.1% to 2.3%. 3 sectors outperformed the market, the market internal was more negative. The market was down -0.6%; Utilities was up 2.3%, the best performer, reflecting a more conservative market sentiment; Technology was down -2.1%, the worst performer.
● CONTACT ENERGY (CEN) largely rebounded 7.6% (+$0.56), closed at $7.96, the best % gain in 10 months, also hit a YTD high, crossed above MA20 and MA50 ($7.54, $7.5). The best performer with a significant decrease in volume.
360miq.com/stockinfo?code=CEN.AX
● WASHINGTON H SOUL PATTINSON & COMPANY (SOL) largely retreated -5.3% (-$1.9), closed at $33.92, the worst % loss in nearly 21 months. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=SOL.AX
● GQG PARTNERS (GQG) sank -4.3% (-$0.065) after a 4-day winning streak, closed at $1.46, the worst % loss in 1 month, crossed below MA20 ($1.49). The largest increase in volume.
360miq.com/stockinfo?code=GQG.AX
360miq.com/market?data=ASX#tab-3
