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ASX Market Update 2022-11-17

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SP/ASX 200 slightly rose 0.2% (+13.7 pts) after a 3-day losing streak, closed at 7136 points.

Among the 150 largest-cap stocks, 98 (65%) closed higher. 52% of all ASX stocks ended higher.

In terms of sectors, 8 sectors closed up, 3 sectors closed down, 1 sector remained unchanged, ranging from -1.6% to 1.7%. 7 sectors outperformed the market, the market internal was more positive. The market was up 0.1%; Consumer Defensive was up 1.7%, the best performer, reflecting a more conservative market sentiment; Energy was down -1.6%, the worst performer.

● NEW HOPE (NHC) largely retreated -6.5% (-$0.36) after a 3-day winning streak, closed at $5.18. The worst performer with a slight decrease in volume.

● ZIMPLATS (ZIM) largely rose 3.7% (+$0.94), closed at $26.37, a 55-day high, crossed above MA200 ($25.55). The largest increase in volume.

● FISHER & PAYKEL HEALTHCARE (FPH) largely rebounded 3.9% (+$0.69), closed at $18.41, the best % gain in more than 1 month. The best performer with a significant increase in volume.

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