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ASX Market Update 2022-10-19

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SP/ASX 200 slightly rose 0.3% (+21.1 pts), closed at 6800 points.

Among the 150 largest-cap stocks, 88 (59%) closed higher. 56% of all ASX stocks ended higher.

In terms of sectors, 9 sectors closed up, the market internal was more positive, 3 sectors closed down, ranging from -0.6% to 0.7%. 5 sectors outperformed the market. The market was up 0.3%; Consumer Cyclical, Industrials were up 0.7%, the best performers; Utilities, Energy were down -0.6%, the worst performers.

● IDP EDUCATION (IEL) rose 2.1% (+$0.59), closed at $29.28, a 135-day high. The largest increase in volume.

● CORE LITHIUM (CXO) spiked 8.2% (+$0.105), closed at $1.38, rose 4 days in a row, crossed above MA50 ($1.35). The best performer with a slight increase in volume.

● MERCURY NZ (MCY) largely retreated -5.4% (-$0.26), closed at $4.59, the worst % loss in 2 months, also hit a YTD low. The worst performer with a slight increase in volume.

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