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ASX Market Update 2022-10-18

360MiQ 0

SP/ASX 200 largely rebounded 1.7% (+115 pts), closed at 6779 points.

Among the 150 largest-cap stocks, 136 (91%) closed higher. 71% of all ASX stocks ended higher, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.1% to 6.8%. 5 sectors outperformed the market. The market was up 1.9%; Technology was up 6.8%, the best performer, reflecting an increasing risk appetite; Energy was down -0.1%, but already the worst performer.

● CORONADO GLOBAL RESOURCES (CRN) plunged -4.4% (-$0.09), closed at $1.97. The worst performer with a slight decrease in volume.

● BLOCK (SQ2) largely rebounded 10.7% (+$8.97), closed at $92.9, the best % gain in nearly 4 months, crossed above MA20 ($89.01). The best performer with the largest increase in volume.

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