SP/ASX 200 rose +1.4% (+105 pts), closed at 7839 points, the best % gain in more than 1 month, crossed above MA20 (7752 pts).
Among the 150 largest-cap stocks, 119 (79%) closed higher, 104 of them rose with a lower volume. 56% of all ASX stocks ended higher.
In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -1.6% to +1.8%. 4 sectors outperformed the market. The market was up +1.2%; Energy was up +1.8%, the best performer; Utilities was down -1.6%, the worst performer.
● RED 5 (RED) tanked -6.1% (-$0.025), closed at $0.385, a 54-day low. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=RED.AX
● MERIDIAN ENERGY (MEZ) largely retreated -2.6% (-$0.15), closed at $5.6, crossed below MA50 ($5.65). The largest increase in volume.
360miq.com/stockinfo?code=MEZ.AX
● JAMES HARDIE INDUSTRIES (JHX) jumped +4.6% (+$2.17), closed at $49.61, the best % gain in more than 7 months, also a 24-day high. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=JHX.AX
● GPT GROUP (GPT) soared +4.5% (+$0.19), closed at $4.38, rose 4 days in a row, the best % gain in more than 6 months, also a 26-day high, crossed above MA50 ($4.21).
360miq.com/stockinfo?code=GPT.AX