Press "Enter" to skip to content

ASX Market Update 2022-01-07

360MiQ 0

SP/ASX 200 rebounded 1.3% (+95.3 pts), closed at 7453 points, rose 0.1% (+8 pts) for the week, rose 3 weeks in a row, crossed above MA20 and MA50 (7404 pts, 7381 pts).

Among the 150 largest-cap stocks, 115 (77%) closed higher. 61% of all ASX stocks ended higher.

In terms of sectors, all sectors were up with gains from 0.2% to 1.9%. 4 sectors outperformed the market. The market was up 1.2%; Energy was up 1.9%, the best performer; Industrials, Consumer Defensive were up 0.2%, but already the worst performers.

● JAMES HARDIE INDUSTRIES (JHX) largely fell -4.1% (-$2.22), closed at $51.54, fell 3 days in a row, a 46-day low, fell -6.8% (-$3.76) for the week after a 2-week winning streak. The largest increase in volume today.

● MEDIBANK PRIVATE LIMITED (MPL) soared 5.9% (+$0.2), closed at $3.6, the best % gain in 21 months, also hit a record high, rose 7.5% (+$0.25) for the week, rose 2 weeks in a row, crossed above MA50 ($3.42). The best performer today with a huge increase in volume.

● UNIBAIL-RODAMCO-WESTFIELD (URW) spiked 5.8% (+$0.29), closed at $5.26, the best % gain in nearly 7 months, also a 38-day high, rose 10.3% (+$0.49) for the week, rose 3 weeks in a row.

● SIMS (SGM) sank -6.2% (-$1.05), closed at $15.76, the worst % loss in more than 4 months, fell -1.9% (-$0.3) for the week after a 4-week winning streak, is testing MA20 ($15.76). The worst performer today with a significant increase in volume.

● NOVONIX (NVX) tumbled -5.9% (-$0.59), closed at $9.35, rose 1.7% (+$0.16) for the week, rose 2 weeks in a row.

● MAGELLAN FINANCIAL GROUP (MFG) tumbled -5.4% (-$1.11), closed at $19.29, fell 3 days in a row, an 889-day low, fell -9.2% (-$1.95) for the week.

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

Got a stock? Ask 360MiQ

  1. Hi, I’m your virtual stock assistant.

    Please enter a stock code or company name with an optional exchange code:

    ▪ AAPL
    ▪ Berkshire Hathaway
    ▪ 7203 TYO

CloseSpeechSendAvatar