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ASX Market Update 2022-10-20

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SP/ASX 200 fell -1% (-69.3 pts), closed at 6731 points.

Among the 150 largest-cap stocks, 26 (17%) closed higher. Only 29% of all ASX stocks ended higher.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -5.4% to 2%. 5 sectors outperformed the market, the market internal was more negative. The market was down -1.2%; Energy was up 2%, the best performer; Technology was down -5.4%, the worst performer.

● WOODSIDE ENERGY GROUP (WDS) surged 6.2% (+$2.01) after a 3-day losing streak, closed at $34.56, the best % gain in more than 7 months, crossed above MA20 ($32.85). The best performer with the largest increase in volume.

● EVOLUTION MINING (EVN) plunged -8% (-$0.16), closed at $1.85, the worst % loss in more than 1 month, crossed below MA20 ($1.98). The worst performer with a significant increase in volume.

● ALTIUM (ALU) largely retreated -7.2% (-$2.62), closed at $33.99, the worst % loss in more than 5 months, crossed below MA20 and MA50 ($35.37, $34.97).

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