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ASX Market Update 2022-04-14

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SP/ASX 200 rose 0.6% (+44.4 pts), closed at 7523 points.

Among the 150 largest-cap stocks, 111 (74%) closed higher. 64% of all ASX stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.2% to 1.3%. 4 sectors outperformed the market. The market was up 0.7%; Energy, Technology were up 1.3%, the best performers; Financial was down -0.2%, but already the worst performer.

● ANEKA TAMBANG (PERSERO) TBK (PT) (ATM) spiked 8.6% (+$0.095), closed at $1.195, the best % gain in more than 79 months, also hit a YTD high, crossed above MA20 and MA50 ($1.12, $1.11). The best performer with a huge increase in volume.

● NEXGEN ENERGY (CANADA) (NXG) largely rebounded 7.1% (+$0.59), closed at $8.9, hit a record high. The largest increase in volume.

● QANTAS AIRWAYS (QAN) spiked 7.1% (+$0.36), closed at $5.45, rose 3 days in a row, the best % gain in 17 months, also a 45-day high, crossed above MA20, MA50 and MA200 ($5.13, $5.13, $5.12).

● BANK OF QUEENSLAND (BOQ) plummeted -6.3% (-$0.54) after a 3-day winning streak, closed at $7.99, the worst % loss in more than 1.5 years, also a 23-day low, crossed below MA20 and MA50 ($8.43, $8.23). The worst performer with a huge increase in volume.

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