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ASX Market Update 2023-08-04

360MiQ 0

SP/ASX 200 slightly rose 0.2% (+13.4 pts), closed at 7325 points, fell -1.1% (-79 pts) for the week after a 3-week winning streak, is testing MA20 (7305 pts).

Among the 150 largest-cap stocks, 86 (57%) closed higher. 47% of all ASX stocks ended higher.

In terms of sectors, 7 sectors closed up, 5 sectors closed down, ranging from -2.3% to 0.9%. 7 sectors outperformed the market. The market was down -0.1%; Energy was up 0.9%, the best performer; Healthcare was down -2.3%, the worst performer.

● DOMINO’S PIZZA ENTERPRISES (DMP) largely rose 4% (+$1.95), closed at $51.09, rose 3 days in a row, the best % gain in more than 1 month, also a 59-day high, rose 5% (+$2.45) for the week after a 2-week losing streak. The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=DMP.AX

● RESMED (RMD) sank -9.3% (-$3.15), closed at $30.7, the worst % loss in more than 40 months, also a 119-day low, fell -8.3% (-$2.78) for the week after a 2-week winning streak, crossed below MA20, MA50 and MA200 ($32.73, $32.58, $32.7). The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=RMD.AX

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

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