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ASX Market Update 2023-07-07

360MiQ 0

SP/ASX 200 largely fell -1.7% (-121 pts), closed at 7042 points, fell 3 days in a row, the worst % loss in nearly 4 months, also a 68-day low, fell -2.2% (-161 pts) for the week, crossed below MA200 (7145 pts).

Among the 150 largest-cap stocks, 5 (3%) closed higher. Only 29% of all ASX stocks ended higher, the least for more than 3 months.

In terms of sectors, all sectors were down with losses from -1% to -3.3%. 5 sectors outperformed the market. The market was down -1.6%; Energy was down -1%, but already the best performer; Technology was down -3.3%, the worst performer.

● BLOCK (SQ2) largely retreated -5.5% (-$5.58), closed at $96.32, the worst % loss in nearly 3 months, fell -0.6% (-$0.57) for the week, crossed below MA20 and MA200 ($96.57, $98.34). The worst performer today with a slight decrease in volume.
360miq.com/stockinfo?code=SQ2.AX

● CSL (CSL) fell -2.1% (-$5.59), closed at $266.9, fell 3 days in a row, hit a YTD low, fell -3.8% (-$10.48) for the week, fell 2 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=CSL.AX

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

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