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ASX Market Update 2022-09-27

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SP/ASX 200 rebounded 0.4% (+27.2 pts) after a 3-day losing streak, closed at 6496 points.

Among the 150 largest-cap stocks, 67 (45%) closed higher. 50% of all ASX stocks ended higher.

In terms of sectors, 5 sectors closed up, 6 sectors closed down, 1 sector remained unchanged, ranging from -1.8% to 2.5%. 3 sectors outperformed the market. The market was up 0.3%; Basic Materials was up 2.5%, the best performer; Utilities, Real Estate were down -1.8%, the worst performers.

● WHITEHAVEN COAL (WHC) largely rebounded 6.8% (+$0.54), closed at $8.45, the best % gain in nearly 7 months, crossed above MA20 ($8.43). The best performer but with average volume.

● APM HUMAN SERVICES INTERNATIONAL (APM) largely fell -3% (-$0.09), closed at $2.96, fell 6 days in a row, a 60-day low, crossed below MA200 ($3.01). The largest increase in volume.

● FISHER & PAYKEL HEALTHCARE (FPH) largely retreated -4.8% (-$0.82), closed at $16.43, the worst % loss in more than 1 month, also hit a YTD low. The worst performer with a significant increase in volume.

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