SP/ASX 200 fell -0.7% (-56.3 pts), closed at 7548 points, fell 3 days in a row, crossed below MA20 (7563 pts).
Among the 150 largest-cap stocks, 28 (19%) closed higher. Only 31% of all ASX stocks ended higher, the least for more than 4 months.
In terms of sectors, 2 sectors closed up, 9 sectors closed down, 1 sector remained unchanged, ranging from -2.7% to 0.3%. 7 sectors outperformed the market. The market was down -0.8%; Consumer Defensive was up 0.3%, but already the best performer, reflecting a more risk-averse market; Technology was down -2.7%, the worst performer.
● DOWNER EDI (DOW) spiked 11.1% (+$0.48), closed at $4.79, the best % gain in more than 46 months, also hit a YTD high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=DOW.AX
● AMP (AMP) spiked 10.3% (+$0.1), closed at $1.07, the best % gain in more than 21 months, also hit a YTD high, crossed above MA200 ($1.07). The largest increase in volume.
360miq.com/stockinfo?code=AMP.AX
● IDP EDUCATION (IEL) jumped 8.3% (+$1.68), closed at $21.92, rose 5 days in a row, the best % gain in more than 5 months, crossed above MA50 ($20.67).
360miq.com/stockinfo?code=IEL.AX
● SEVEN GROUP (SVW) largely rebounded 7% (+$2.56), closed at $38.91, the best % gain in more than 45 months, also hit a record high.
360miq.com/stockinfo?code=SVW.AX
● FLETCHER BUILDING (FBU) plummeted -8.6% (-$0.32), closed at $3.38, the worst % loss in nearly 4 months, also hit a YTD low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=FBU.AX
● BSP FINANCIAL GROUP (BFL) largely retreated -8.3% (-$0.59) after a 4-day winning streak, closed at $6.56.
360miq.com/stockinfo?code=BFL.AX