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ASX Market Update 2022-11-29

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SP/ASX 200 slightly rose 0.3% (+24.3 pts), closed at 7253 points.

Among the 150 largest-cap stocks, 66 (44%) closed higher. 42% of all ASX stocks ended higher.

In terms of sectors, 5 sectors closed up, 7 sectors closed down, ranging from -0.7% to 1.4%. 3 sectors outperformed the market. The market was up 0.2%; Basic Materials was up 1.4%, the best performer; Real Estate was down -0.7%, the worst performer.

● FISHER & PAYKEL HEALTHCARE (FPH) spiked 9.8% (+$1.89), closed at $21.09, the best % gain in nearly 32 months, also a 160-day high, crossed above MA200 ($19.48). The best performer with the largest increase in volume.

● NEXGEN ENERGY (CANADA) (NXG) sank -5.3% (-$0.36) after a 3-day winning streak, closed at $6.42, crossed below MA20 and MA200 ($6.55, $6.43). The worst performer with a slight increase in volume.

● ASX (ASX) tumbled -4.6% (-$3.38), closed at $69.33, the worst % loss in more than 1 month, crossed below MA20 and MA50 ($70.28, $69.47).

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