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ASX Market Update 2023-08-31

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SP/ASX 200 slightly rose 0.1% (+7.3 pts), closed at 7305 points, rose 4 days in a row, fell -1.4% (-105 pts) for the month.

Among the 150 largest-cap stocks, 80 (53%) closed higher. 57% of all ASX stocks ended higher.

In terms of sectors, 8 sectors closed up, 4 sectors closed down, ranging from -1.8% to 1%. 6 sectors outperformed the market. The market was up 0.1%; Communication was up 1%, the best performer; Energy was down -1.8%, the worst performer.

● WHITEHAVEN COAL (WHC) largely retreated -9.4% (-$0.63) after a 3-day winning streak, closed at $6.09, the worst % loss in 11 months, also a 61-day low, fell -12% (-$0.83) for the month. The worst performer today but with average volume.
360miq.com/stockinfo?code=WHC.AX

● IGO (IGO) jumped 5.5% (+$0.72), closed at $13.92, rose 3 days in a row, the best % gain in 5 months, also a 20-day high, rose 0.9% (+$0.12) for the month. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=IGO.AX

● HARVEY NORMAN (HVN) soared 5.2% (+$0.2), closed at $4.04, the best % gain in 33 months, also a 132-day high, rose 6.9% (+$0.26) for the month.
360miq.com/stockinfo?code=HVN.AX

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

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