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ASX Market Update 2022-08-10

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SP/ASX 200 fell -0.5% (-37.3 pts) after a 3-day winning streak, closed at 6993 points.

Among the 150 largest-cap stocks, 42 (28%) closed higher. 39% of all ASX stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -4% to 0.2%. 6 sectors outperformed the market. The market was down -0.7%; Financial was up 0.2%, but already the best performer; Technology was down -4%, the worst performer.

● CORONADO GLOBAL RESOURCES (CRN) jumped 6.3% (+$0.1), closed at $1.7, rose 4 days in a row, crossed above MA50 and MA200 ($1.67, $1.66). The best performer with a slight increase in volume.

● THE A2 MILK COMPANY (A2M) largely retreated -6.8% (-$0.35), closed at $4.76, the worst % loss in nearly 2 months. The worst performer with the largest increase in volume.

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