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ASX Market Update 2022-01-13

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SP/ASX 200 rose 0.5% (+35.4 pts), closed at 7474 points.

Among the 150 largest-cap stocks, 78 (52%) closed higher. Despite SP/ASX 200 rising 0.5%, only 49% of all ASX stocks follow suit.

In terms of sectors, 6 sectors closed up, 5 sectors closed down, 1 sector remained unchanged, ranging from -0.9% to 2.2%. 3 sectors outperformed the market. The market was up 0.4%; Basic Materials was up 2.2%, the best performer; Healthcare was down -0.9%, the worst performer.

● YANCOAL AUSTRALIA (YAL) largely rose 3.8% (+$0.11), closed at $3.02, a 53-day high. The largest increase in volume.

● CROWN RESORTS (CWN) spiked 8.8% (+$1.02), closed at $12.65, the best % gain in nearly 2 months, also a 154-day high. The best performer with a huge increase in volume.

● AVZ MINERALS (AVZ) largely retreated -5.6% (-$0.055), closed at $0.92, the worst % loss in 1 month. The worst performer with a slight increase in volume.

● SONIC HEALTHCARE (SHL) sank -5.6% (-$2.45), closed at $41.27, fell 4 days in a row, the worst % loss in 14 months, also a 34-day low, crossed below MA50 ($42.72).

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