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ASX Market Update 2023-10-06

360MiQ 0

SP/ASX 200 rose 0.4% (+28.2 pts), closed at 6954 points, fell -1.3% (-95 pts) for the week, fell 3 weeks in a row.

Among the 150 largest-cap stocks, 76 (51%) closed higher. Despite SP/ASX 200 rising 0.4%, only 47% of all ASX stocks follow suit.

In terms of sectors, 5 sectors closed up, 6 sectors closed down, 1 sector remained unchanged, ranging from -0.8% to 1.1%. 3 sectors outperformed the market. The market was up 0.3%; Financial was up 1.1%, the best performer; Energy was down -0.8%, the worst performer.

● GENESIS ENERGY (GNE) largely rose 3.5% (+$0.08), closed at $2.37, the best % gain in more than 1 month, also a 40-day high, rose 4.4% (+$0.1) for the week, rose 2 weeks in a row, is testing MA200 ($2.37). The best performer today with a significant decrease in volume.
360miq.com/stockinfo?code=GNE.AX

● NEXGEN ENERGY (CANADA) (NXG) largely retreated -7.8% (-$0.75), closed at $8.89, fell -9.2% (-$0.9) for the week, crossed below MA20 ($9.38). The worst performer today with a significant decrease in volume.
360miq.com/stockinfo?code=NXG.AX

● GQG PARTNERS (GQG) largely rose 3% (+$0.04), closed at $1.36, fell -1.1% (-$0.015) for the week, fell 3 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=GQG.AX

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

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