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ASX Market Update 2022-04-11

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SP/ASX 200 slightly rose 0.1% (+7.2 pts), closed at 7485 points.

Among the 150 largest-cap stocks, 69 (46%) closed higher. 40% of all ASX stocks ended higher.

In terms of sectors, 3 sectors closed up, 9 sectors closed down, ranging from -1.7% to 0.6%. 3 sectors outperformed the market, the market internal was more negative. The market was down -0.1%; Financial was up 0.6%, the best performer; Technology was down -1.7%, the worst performer.

● AVZ MINERALS (AVZ) sank -5.8% (-$0.065), closed at $1.055, fell 5 days in a row, crossed below MA20 ($1.09). The worst performer with a slight decrease in volume.

● ZIMPLATS (ZIM) jumped 10.1% (+$3.13), closed at $34, rose 3 days in a row, the best % gain in more than 1 year, also hit a record high. The best performer with a significant increase in volume.

● YANCOAL AUSTRALIA (YAL) largely retreated -5.6% (-$0.29) after a 3-day winning streak, closed at $4.88.

● THE A2 MILK COMPANY (A2M) tanked -5.4% (-$0.27), closed at $4.77, the worst % loss in more than 1 month, also hit a YTD low.

● MERIDIAN ENERGY (MEZ) largely retreated -5.2% (-$0.24), closed at $4.4, the worst % loss in 1 month, also a 31-day low, crossed below MA50 ($4.64).

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