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ASX Market Update 2023-06-09

360MiQ 0

SP/ASX 200 slightly rose 0.3% (+22.5 pts) after a 3-day losing streak, closed at 7123 points, fell -0.3% (-22 pts) for the week, fell 3 weeks in a row, crossed above MA200 (7116 pts).

Among the 150 largest-cap stocks, 74 (49%) closed higher. 52% of all ASX stocks ended higher.

In terms of sectors, 6 sectors closed up, 4 sectors closed down, 2 sectors remained unchanged, ranging from -1% to 1%. only 2 sectors outperformed the market. The market was up 0.2%; Basic Materials was up 1%, the best performer; Utilities was down -1%, the worst performer.

● SSR MINING (SSR) fell -1.1% (-$0.24), closed at $21.85, a 27-day low, fell -5.3% (-$1.22) for the week. The largest increase in volume today.
360miq.com/stockinfo?code=SSR.AX

● NICKEL INDUSTRIES (NIC) spiked 13.3% (+$0.115), closed at $0.98, the best % gain in more than 31 months, also a 34-day high, rose 12% (+$0.105) for the week, rose 2 weeks in a row, crossed above MA20, MA50 and MA200 ($0.88, $0.91, $0.92). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=NIC.AX

● CONTACT ENERGY (CEN) largely retreated -3.5% (-$0.26), closed at $7.2, fell -2.3% (-$0.17) for the week, fell 3 weeks in a row, crossed below MA20 and MA50 ($7.38, $7.27). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=CEN.AX

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

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