SP/ASX 200 rose +0.8% (+64.1 pts), closed at 8349 points, rose 5 days in a row, crossed above MA50 (8293 pts).
Among the 150 largest-cap stocks, 78 (52%) closed higher. For 3 days in a row, SP/ASX 200 rose but more than half of ASX stocks ended lower. Today, 49% of all ASX stocks rose with the index. The market is tiring.
In terms of sectors, 7 sectors closed up, 5 sectors closed down, ranging from -1.7% to +1.4%. 5 sectors outperformed the market. The market was up +0.5%; Basic Materials was up +1.4%, the best performer; Technology was down -1.7%, the worst performer.
● WESTGOLD RESOURCES (WGX) largely rebounded +4.6% (+$0.13), closed at $2.93, the best % gain in 1 month, crossed above MA20 and MA50 ($2.91, $2.88). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=WGX.AX
● GENESIS MINERALS (GMD) surged +4.3% (+$0.11), closed at $2.69, the best % gain in 1 month, also a 20-day high.
360miq.com/stockinfo?code=GMD.AX
● CHAMPION IRON (CIA) largely rebounded +4.1% (+$0.22), closed at $5.64.
360miq.com/stockinfo?code=CIA.AX
● ZIP CO (ZIP) largely retreated -4.9% (-$0.16), closed at $3.12, crossed below MA50 ($3.15). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=ZIP.AX
● GQG PARTNERS (GQG) largely retreated -4.6% (-$0.1), closed at $2.07, the worst % loss in 1 month, crossed below MA20 ($2.12). The largest increase in volume.
360miq.com/stockinfo?code=GQG.AX
● NEXGEN ENERGY (CANADA) (NXG) plunged -4.7% (-$0.57), closed at $11.5, the worst % loss in more than 2 months, crossed below MA50 ($12.06).
360miq.com/stockinfo?code=NXG.AX
● HMC CAPITAL (HMC) largely retreated -4.1% (-$0.42), closed at $9.71, crossed below MA20 ($9.99).
360miq.com/stockinfo?code=HMC.AX
360miq.com/market?data=ASX#tab-3
