SP/ASX 200 rose +0.6% (+48 pts), closed at 8447 points, a 34-day high.
Among the 150 largest-cap stocks, 109 (73%) closed higher. 65% of all ASX stocks ended higher.
In terms of sectors, all sectors were up with gains from +0.1% to +2.5%. 6 sectors outperformed the market. The market was up +0.6%; Utilities was up +2.5%, the best performer, reflecting a decreasing risk appetite; Basic Materials was up +0.1%, but already the worst performer.
● EAGERS AUTOMOTIVE (APE) largely rose +4.1% (+$0.51), closed at $12.88, rose 4 days in a row, the best % gain in more than 1 month, also hit a YTD high. The largest increase in volume.
360miq.com/stockinfo?code=APE.AX
● MERCURY NZ (MCY) largely rebounded +7.7% (+$0.4), closed at $5.6, the best % gain in 2 months, also hit a YTD high, crossed above MA20 and MA50 ($5.38, $5.47). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=MCY.AX
● PREMIER INVESTMENTS (PMV) plummeted -20.7% (-$5.9), closed at $22.67, the worst % loss in 58 months, also hit a YTD low. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=PMV.AX