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ASX Market Update 2022-10-11

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SP/ASX 200 slightly fell -0.3% (-23 pts), closed at 6645 points, fell 3 days in a row.

Among the 150 largest-cap stocks, 68 (45%) closed higher. 39% of all ASX stocks ended higher.

In terms of sectors, 2 sectors closed up, 8 sectors closed down, 2 sectors remained unchanged, ranging from -1.4% to 0.9%. 6 sectors outperformed the market. The market was down -0.4%; Utilities was up 0.9%, the best performer, reflecting a more risk-averse market; Energy was down -1.4%, the worst performer.

● INFRATIL (IFT) soared 6.2% (+$0.45), closed at $7.75, the best % gain in more than 2 months, crossed above MA200 ($7.47). The best performer with a slight decrease in volume.

● ANGLOGOLD ASHANTI (AGG) largely fell -3.7% (-$0.165), closed at $4.28. The worst performer with a significant decrease in volume.

● GENESIS ENERGY (GNE) rebounded 2.1% (+$0.05) after a 3-day losing streak, closed at $2.38. The largest increase in volume.

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