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ASX Market Update 2023-08-18

360MiQ 0

SP/ASX 200 slightly rose 0.03% (+2.1 pts), closed at 7148 points, fell -2.6% (-192 pts) for the week.

Among the 150 largest-cap stocks, 60 (40%) closed higher. 43% of all ASX stocks ended higher.

In terms of sectors, 3 sectors closed up, 6 sectors closed down, 3 sectors remained unchanged, ranging from -1.6% to 1.5%. 3 sectors outperformed the market. The market remained unchanged; Utilities was up 1.5%, the best performer, reflecting a more risk-averse market; Communication was down -1.6%, the worst performer.

● SUPER RETAIL GROUP (SUL) largely retreated -6.9% (-$0.94), closed at $12.78, the worst % loss in more than 3 months, rose 0.8% (+$0.1) for the week, rose 2 weeks in a row. The worst performer today but with average volume.
360miq.com/stockinfo?code=SUL.AX

● SSR MINING (SSR) fell -1.1% (-$0.25), closed at $22.32, fell -0.2% (-$0.05) for the week after a 2-week winning streak. The largest increase in volume today.
360miq.com/stockinfo?code=SSR.AX

● GOODMAN GROUP (GMG) jumped 7.3% (+$1.52), closed at $22.4, the best % gain in more than 40 months, also hit a YTD high, rose 10.9% (+$2.21) for the week, rose 2 weeks in a row. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=GMG.AX

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

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