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ASX Market Update 2022-03-31

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SP/ASX 200 slightly fell -0.2% (-15.4 pts) after a 7-day winning streak, closed at 7500 points, rose 6.4% (+451 pts) for the month.

Among the 150 largest-cap stocks, 58 (39%) closed higher. 53% of all ASX stocks ended higher.

In terms of sectors, 4 sectors closed up, 8 sectors closed down, ranging from -3.3% to 1.5%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.2%; Basic Materials was up 1.5%, the best performer; Technology was down -3.3%, the worst performer.

● ADVANCED SHARE REGISTRY (ASW) retreated -1.6% (-$0.005), closed at $0.3, rose 7.1% (+$0.02) for the month. The largest increase in volume today.

● NOVONIX (NVX) jumped 9.7% (+$0.55), closed at $6.2, rose 3 days in a row, the best % gain in more than 2 months, also a 33-day high, rose 23.3% (+$1.17) for the month, crossed above MA50 and MA200 ($6.01, $6.12). The best performer today with a significant increase in volume.

● HARVEY NORMAN (HVN) largely retreated -6.3% (-$0.36), closed at $5.35, the worst % loss in 2 years, rose 1.9% (+$0.1) for the month, crossed below MA20 ($5.44). The worst performer today with a significant increase in volume.

● BLOCK (SQ2) largely retreated -4.6% (-$9.03), closed at $185.33, rose 19.3% (+$30.03) for the month.

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