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ASX Market Update 2022-09-19

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SP/ASX 200 slightly fell -0.3% (-19.1 pts), closed at 6720 points, a 43-day low.

Among the 150 largest-cap stocks, 50 (33%) closed higher, 46 of them rose with a lower volume. Only 33% of all ASX stocks ended higher.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -2.1% to 0.8%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.5%; Real Estate was up 0.8%, the best performer; Technology was down -2.1%, the worst performer.

● UNIBAIL-RODAMCO-WESTFIELD (URW) soared 4.3% (+$0.16), closed at $3.91, crossed above MA20 and MA50 ($3.79, $3.9). The best performer with a significant decrease in volume.

● BREVILLE GROUP (BRG) tumbled -5.2% (-$1.06), closed at $19.33, fell 4 days in a row, the worst % loss in 13 months, also a 38-day low. The worst performer with a significant decrease in volume.

● SSR MINING (SSR) largely rebounded 3.8% (+$0.74) after a 3-day losing streak, closed at $20.29, is testing MA20 ($20.35).

● NEXGEN ENERGY (CANADA) (NXG) sank -5% (-$0.32), closed at $6.03, crossed below MA20 ($6.3). The largest increase in volume.

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