SP/ASX 200 rose +0.4% (+31 pts) after a 3-day losing streak, closed at 8224 points, crossed above MA20 (8218 pts).
Among the 150 largest-cap stocks, 73 (49%) closed higher. 50% of all ASX stocks ended higher.
In terms of sectors, 8 sectors closed up, the market internal was more positive, 4 sectors closed down, ranging from -1.3% to +1.6%. 6 sectors outperformed the market. The market was up +0.2%; Utilities was up +1.6%, the best performer, reflecting a more conservative market sentiment; Basic Materials was down -1.3%, the worst performer.
● SUMMERSET GROUP (SNZ) soared +4.5% (+$0.52), closed at $11.96, hit a YTD high. The largest increase in volume.
360miq.com/stockinfo?code=SNZ.AX
● MERCURY NZ (MCY) jumped +6.1% (+$0.36), closed at $6.22, the best % gain in 5 months, crossed above MA20, MA50 and MA200 ($6.03, $5.9, $5.94). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=MCY.AX
● XERO (XRO) surged +5.8% (+$9.45), closed at $171, rose 3 days in a row, the best % gain in more than 5 months, also hit a record high.
360miq.com/stockinfo?code=XRO.AX
● DOMINO’S PIZZA ENTERPRISES (DMP) plummeted -5.9% (-$1.79), closed at $28.46, hit a YTD low. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=DMP.AX
● NORTHERN STAR RESOURCES (NST) sank -5.1% (-$0.84), closed at $15.7, fell 3 days in a row, a 47-day low.
360miq.com/stockinfo?code=NST.AX
360miq.com/market?data=ASX#tab-3
