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ASX Market Update 2022-01-10

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SP/ASX 200 slightly retreated -0.08% (-5.9 pts), closed at 7447 points.

Among the 150 largest-cap stocks, 50 (33%) closed higher. 44% of all ASX stocks ended higher.

In terms of sectors, 2 sectors closed up, 9 sectors closed down, 1 sector remained unchanged, ranging from -1.6% to 1.1%. 3 sectors outperformed the market, the market internal was more negative. The market was down -0.2%; Basic Materials,Energy were up 1.1%, the best performers; Technology was down -1.6%, the worst performer.

● NOVONIX (NVX) largely rebounded 10.8% (+$1.01), closed at $10.36. The best performer with a significant increase in volume.

● AGL ENERGY (AGL) surged 8.6% (+$0.54), closed at $6.82, the best % gain in more than 178 months, also a 94-day high.

● MERIDIAN ENERGY (MEZ) largely fell -3.6% (-$0.16), closed at $4.34, fell 3 days in a row, the worst % loss in 1 month. The worst performer with a slight increase in volume.

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