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ASX Market Update 2023-10-18

360MiQ 0

SP/ASX 200 slightly rose 0.3% (+21.6 pts), closed at 7078 points.

Among the 150 largest-cap stocks, 74 (49%) closed higher. 45% of all ASX stocks ended higher.

In terms of sectors, 8 sectors closed up, the market internal was more positive, 4 sectors closed down, ranging from -1.3% to 1.9%. 3 sectors outperformed the market. The market was up 0.2%; Energy was up 1.9%, the best performer; Utilities was down -1.3%, the worst performer.

● NEWCREST MINING (NCM) tanked -6.6% (-$1.77) after a 5-day winning streak, closed at $25.13, the worst % loss in more than 40 months, crossed below MA20, MA50 and MA200 ($25.43, $25.57, $25.55). The worst performer but with average volume.
360miq.com/stockinfo?code=NCM.AX

● WHITEHAVEN COAL (WHC) soared 11.5% (+$0.78), closed at $7.57, rose 4 days in a row, the best % gain in more than 3 years, also a 175-day high, crossed above MA20 ($6.88). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=WHC.AX

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

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