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ASX Market Update 2022-01-18

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SP/ASX 200 slightly fell -0.1% (-8.2 pts), closed at 7409 points, is testing MA20 (7426 pts).

Among the 150 largest-cap stocks, 63 (42%) closed higher. 50% of all ASX stocks ended higher.

In terms of sectors, 5 sectors closed up, 4 sectors closed down, 3 sectors remained unchanged, ranging from -0.9% to 0.8%. 5 sectors outperformed the market. The market remained unchanged; Technology was up 0.8%, the best performer; Healthcare was down -0.9%, the worst performer.

● BRAINCHIP HOLDINGS (BRN) largely rebounded 25.7% (+$0.38), closed at $1.86, the best % gain in nearly 13 months, also hit a record high. The best performer but with average volume.

● VIRGIN MONEY UK (VUK) largely retreated -3.5% (-$0.13), closed at $3.55, crossed below MA200 ($3.58). The worst performer with a slight increase in volume.

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