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ASX Market Update 2022-11-07

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SP/ASX 200 rose 0.6% (+40.7 pts), closed at 6934 points.

Among the 150 largest-cap stocks, 83 (55%) closed higher. 55% of all ASX stocks ended higher.

In terms of sectors, 7 sectors closed up, 4 sectors closed down, 1 sector remained unchanged, ranging from -1.7% to 3.6%. 5 sectors outperformed the market. The market was up 0.5%; Basic Materials was up 3.6%, the best performer; Technology was down -1.7%, the worst performer.

● ANGLOGOLD ASHANTI (AGG) soared 7.9% (+$0.32), closed at $4.37, the best % gain in more than 9 months, crossed above MA20 and MA50 ($4.13, $4.07). The best performer but with average volume.

● CORONADO GLOBAL RESOURCES (CRN) largely retreated -7% (-$0.16), closed at $2.11, the worst % loss in more than 1 month. The worst performer with a slight increase in volume.

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