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Nasdaq Market Update 2022-10-21

360MiQ 0

Nasdaq 100 largely rose 2.4% (+263 pts), closed at 11310 points, rose 5.8% (+618 pts) for the week, crossed above MA20 (11148 pts).

Among the 150 largest-cap stocks, 139 (93%) closed higher. 71% of all Nasdaq stocks ended higher, good for the market.

In terms of sectors, all sectors were up with gains from 0.7% to 5.3%. 6 sectors outperformed the market. The market was up 2.2%; Basic Materials was up 5.3%, the best performer; Financial was up 0.7%, but already the worst performer.

● Genmab AS (GMAB) largely rebounded 3.3% (+$1.18) after a 3-day losing streak, closed at $36.92, rose 1.2% (+$0.42) for the week, rose 4 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=GMAB

● BioNTech SE (BNTX) largely rebounded 11.2% (+$13.23) after a 3-day losing streak, closed at $131.66, the best % gain in 7 months, fell -2.9% (-$3.96) for the week. The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=BNTX

● NetEase (NTES) largely fell -3.6% (-$2.3), closed at $62.39, fell 4 days in a row, hit a YTD low, fell -9.1% (-$6.21) for the week, fell 2 weeks in a row. The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=NTES

360miq.com/market?data=NASDAQ#tab-3

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