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ASX Market Update 2023-08-11

360MiQ 0

SP/ASX 200 slightly fell -0.2% (-16.9 pts) after a 3-day winning streak, closed at 7340 points, rose 0.2% (+15 pts) for the week, crossed below MA20 (7348 pts).

Among the 150 largest-cap stocks, 54 (36%) closed higher. 50% of all ASX stocks ended higher.

In terms of sectors, 5 sectors closed up, 7 sectors closed down, the market internal was more negative, ranging from -1.6% to 0.8%. 6 sectors outperformed the market. The market was down -0.2%; Consumer Cyclical was up 0.8%, the best performer; Energy was down -1.6%, the worst performer.

● BSP FINANCIAL GROUP (BFL) largely retreated -5.5% (-$0.33) after a 4-day winning streak, closed at $5.63, the worst % loss in 9 months, rose 7.6% (+$0.4) for the week, rose 3 weeks in a row. The worst performer today with a significant decrease in volume.
360miq.com/stockinfo?code=BFL.AX

● AMP (AMP) spiked 8.3% (+$0.095), closed at $1.245, rose 3 days in a row, the best % gain in more than 15 months, also a 122-day high, rose 13.7% (+$0.15) for the week, crossed above MA200 ($1.16). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=AMP.AX

● GENESIS ENERGY (GNE) largely fell -3.7% (-$0.09), closed at $2.37, the worst % loss in 4 months, also a 142-day low, fell -4.4% (-$0.11) for the week. The largest increase in volume today.
360miq.com/stockinfo?code=GNE.AX

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

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