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ASX Market Update 2022-02-23

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SP/ASX 200 rose 0.6% (+44.7 pts), closed at 7206 points.

Among the 150 largest-cap stocks, 102 (68%) closed higher. 63% of all ASX stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -1.7% to 3.1%. 5 sectors outperformed the market. The market was up 0.8%; Technology was up 3.1%, the best performer; Utilities was down -1.7%, the worst performer.

● PEXA GROUP (PXA) largely rebounded 13.9% (+$2.37) after a 4-day losing streak, closed at $19.38, crossed above MA20 and MA50 ($18.22, $18.32). The best performer with a huge increase in volume.

● DOMINO’S PIZZA ENTERPRISES (DMP) sank -14% (-$14.05), closed at $86.13, the worst % loss in more than 3 months, also hit a YTD low. The worst performer with the largest increase in volume.

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