SP/ASX 200 fell -1.3% (-103 pts), closed at 7861 points, the worst % loss in nearly 3 months, crossed below MA20 (7885 pts).
Among the 150 largest-cap stocks, 23 (15%) closed higher. Only 29% of all ASX stocks ended higher, the least in nearly 3 months.
In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -4.1% to +0.4%. 6 sectors outperformed the market. The market was down -1.4%; Utilities was up +0.4%, but already the best performer, reflecting a more risk-averse market; Technology was down -4.1%, the worst performer.
● MERIDIAN ENERGY (MEZ) rose +2.2% (+$0.13), closed at $6.04, crossed above MA20 ($5.96). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=MEZ.AX
● BLOCK (SQ2) tumbled -6.7% (-$6.78), closed at $93.98, the worst % loss in more than 2 months, also a 24-day low, crossed below MA20 and MA50 ($99.37, $99.22). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=SQ2.AX
360miq.com/market?data=ASX#tab-3
