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ASX Market Update 2022-05-18

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SP/ASX 200 rose 1% (+69.7 pts), closed at 7183 points, rose 4 days in a row.

Among the 150 largest-cap stocks, 109 (73%) closed higher. 64% of all ASX stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.6% to 2.6%. 6 sectors outperformed the market. The market was up 1.1%; Technology was up 2.6%, the best performer; Consumer Defensive was down -0.6%, the worst performer.

● NEXGEN ENERGY (CANADA) (NXG) surged 7.6% (+$0.47), closed at $6.64, rose 4 days in a row, the best % gain in more than 1 month. The best performer with a significant decrease in volume.

● BORAL (BLD) largely fell -3.1% (-$0.1), closed at $3.11, hit a YTD low. The largest increase in volume.

● ANGLOGOLD ASHANTI (AGG) largely retreated -4.6% (-$0.24), closed at $5.02. The worst performer with a huge increase in volume.

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