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ASX Market Update 2022-02-14

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SP/ASX 200 rose 0.4% (+26.9 pts), closed at 7244 points.

Among the 150 largest-cap stocks, 72 (48%) closed higher. Despite SP/ASX 200 rising 0.4%, only 33% of all ASX stocks follow suit.

In terms of sectors, 6 sectors closed up, 4 sectors closed down, 2 sectors remained unchanged, ranging from -1.3% to 2.7%. 5 sectors outperformed the market. The market was up 0.2%; Energy was up 2.7%, the best performer; Healthcare was down -1.3%, the worst performer.

● CROWN RESORTS (CWN) rose 2% (+$0.25) after a 3-day losing streak, closed at $12.64, the best % gain in 1 month, also a 20-day high. The largest increase in volume.

● BEACH ENERGY (BPT) largely rebounded 9.4% (+$0.14), closed at $1.625, the best % gain in more than 4 months, also hit a YTD high. The best performer with a huge increase in volume.

● NOVONIX (NVX) sank -10.8% (-$0.7), closed at $5.81, fell 3 days in a row, hit a YTD low. The worst performer with a significant increase in volume.

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