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ASX Market Update 2022-09-13

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SP/ASX 200 rose 0.6% (+44.7 pts), closed at 7010 points, rose 4 days in a row, crossed above MA20 (6963 pts).

Among the 150 largest-cap stocks, 112 (75%) closed higher. 65% of all ASX stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.6% to 1.6%. 5 sectors outperformed the market. The market was up 0.6%; Real Estate was up 1.6%, the best performer; Healthcare was down -0.6%, the worst performer.

● CORE LITHIUM (CXO) jumped 4.7% (+$0.075), closed at $1.665, hit a record high. The best performer but with average volume.

● THE STAR ENTERTAINMENT GROUP (SGR) surged 4.5% (+$0.12), closed at $2.78, the best % gain in nearly 11 months, crossed above MA20 ($2.75).

● DOMINO’S PIZZA ENTERPRISES (DMP) largely rose 4.2% (+$2.67), closed at $66.18, crossed above MA20 ($64.55).

● RAMSAY HEALTH CARE (RHC) plummeted -10.4% (-$7.27), closed at $62.94, the worst % loss in more than 29 months, also a 116-day low, crossed below MA200 ($68.95). The worst performer with the largest increase in volume.

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