SP/ASX 200 rose +0.5% (+37.4 pts), closed at 8347 points.
Among the 150 largest-cap stocks, 93 (62%) closed higher, 80 of them rose with a lower volume. 57% of all ASX stocks ended higher.
In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -0.3% to +1.8%. 5 sectors outperformed the market. The market was up +0.5%; Utilities was up +1.8%, the best performer, reflecting a more conservative market sentiment; Energy was down -0.3%, but already the worst performer.
● CONTACT ENERGY (CEN) largely rebounded +9.3% (+$0.75), closed at $8.85, the best % gain in 1 month, crossed above MA20 and MA50 ($8.57, $8.24). The best performer with a significant decrease in volume.
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● PALADIN ENERGY (PDN) largely retreated -3.7% (-$0.32), closed at $8.31. The worst performer but with average volume.
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