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ASX Market Update 2023-05-23

360MiQ 0

SP/ASX 200 slightly fell -0.04% (-3.1 pts), closed at 7260 points, is testing MA20 (7259 pts).

Among the 150 largest-cap stocks, 69 (46%) closed higher. 47% of all ASX stocks ended higher.

In terms of sectors, 5 sectors closed up, 4 sectors closed down, 3 sectors remained unchanged, ranging from -0.9% to 1.8%. 5 sectors outperformed the market. The market remained unchanged; Technology was up 1.8%, the best performer, reflecting an increasing risk appetite; Consumer Cyclical was down -0.9%, the worst performer.

● CONTACT ENERGY (CEN) largely rebounded 5.9% (+$0.42), closed at $7.55, the best % gain in more than 2 months, crossed above MA20 and MA50 ($7.37, $7.18). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=CEN.AX

● PERSEUS MINING (PRU) largely fell -3% (-$0.06), closed at $1.94, a 57-day low, crossed below MA200 ($1.98). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=PRU.AX

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

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