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ASX Market Update 2023-06-01

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SP/ASX 200 slightly rebounded 0.3% (+19.8 pts), closed at 7111 points, is testing MA200 (7114 pts).

Among the 150 largest-cap stocks, 80 (53%) closed higher. 45% of all ASX stocks ended higher.

In terms of sectors, 10 sectors closed up, the market internal was more positive, 1 sector closed down, 1 sector remained unchanged, ranging from -0.2% to 1.3%. 5 sectors outperformed the market. The market was up 0.3%; Technology was up 1.3%, the best performer; Industrials was down -0.2%, but already the worst performer.

● IDP EDUCATION (IEL) tanked -6.2% (-$1.36), closed at $20.46, hit a YTD low. The worst performer but with average volume.
360miq.com/stockinfo?code=IEL.AX

● PERSEUS MINING (PRU) jumped 4.7% (+$0.085), closed at $1.91, the best % gain in more than 2 months. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=PRU.AX

● CHAMPION IRON (CIA) sank -5.3% (-$0.32), closed at $5.68, fell 3 days in a row, the worst % loss in more than 2 months, also hit a YTD low.
360miq.com/stockinfo?code=CIA.AX

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

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