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ASX Market Update 2022-05-26

360MiQ 0

SP/ASX 200 fell -0.7% (-49.1 pts), closed at 7106 points.

Among the 150 largest-cap stocks, 46 (31%) closed higher. 45% of all ASX stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -2.4% to 1.1%. 6 sectors outperformed the market. The market was down -0.6%; Technology was up 1.1%, the best performer; Consumer Defensive was down -2.4%, the worst performer.

● ALS (ALQ) spiked 6.1% (+$0.73), closed at $12.74, the best % gain in nearly 1 year, crossed above MA20 and MA200 ($12.38, $12.71). The best performer with a slight increase in volume.

● NEW HOPE (NHC) largely retreated -7.8% (-$0.32), closed at $3.78, the worst % loss in nearly 2 years. The worst performer with the largest increase in volume.

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