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ASX Market Update 2023-07-19

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SP/ASX 200 rose 0.5% (+39.7 pts), closed at 7324 points, a 20-day high.

Among the 150 largest-cap stocks, 102 (68%) closed higher. 64% of all ASX stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -1.4% to 1.6%. 5 sectors outperformed the market. The market was up 0.5%; Energy was up 1.6%, the best performer; Utilities was down -1.4%, the worst performer.

● ZIMPLATS (ZIM) rose 2.5% (+$0.63), closed at $26.04, rose 5 days in a row, a 60-day high, crossed above MA200 ($25.44). The largest increase in volume.
360miq.com/stockinfo?code=ZIM.AX

● CORONADO GLOBAL RESOURCES (CRN) jumped 5.5% (+$0.085), closed at $1.63, the best % gain in more than 8 months, also a 52-day high. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=CRN.AX

● NORTHERN STAR RESOURCES (NST) plummeted -5.8% (-$0.78), closed at $12.59, the worst % loss in more than 9 months, crossed below MA20 and MA50 ($12.65, $13.03). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=NST.AX

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

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