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ASX Market Update 2023-09-12

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SP/ASX 200 slightly rose 0.2% (+14.9 pts), closed at 7207 points, crossed above MA20 (7202 pts).

Among the 150 largest-cap stocks, 74 (49%) closed higher. 54% of all ASX stocks ended higher.

In terms of sectors, 6 sectors closed up, 6 sectors closed down, ranging from -1.1% to 0.9%. 4 sectors outperformed the market. The market was up 0.2%; Basic Materials was up 0.9%, the best performer; Energy was down -1.1%, the worst performer.

● PILBARA MINERALS (PLS) largely rebounded 4.3% (+$0.19) after a 3-day losing streak, closed at $4.6. The best performer but with average volume.
360miq.com/stockinfo?code=PLS.AX

● VIVA ENERGY GROUP (VEA) plummeted -7.3% (-$0.23) after a 3-day winning streak, closed at $2.93, the worst % loss in 35 months, also a 42-day low, crossed below MA20 and MA50 ($3.05, $3.02). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=VEA.AX

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

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