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ASX Market Update 2022-11-02

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SP/ASX 200 slightly rose 0.1% (+9.7 pts), closed at 6987 points, rose 3 days in a row, a 34-day high, is testing MA200 (7003 pts).

Among the 150 largest-cap stocks, 64 (43%) closed higher. 53% of all ASX stocks ended higher.

In terms of sectors, 2 sectors closed up, 8 sectors closed down, 2 sectors remained unchanged, the market internal was more negative, ranging from -1.4% to 1.2%. only 2 sectors outperformed the market. The market remained unchanged; Basic Materials was up 1.2%, the best performer; Real Estate was down -1.4%, the worst performer.

● BLOCK (SQ2) fell -1.2% (-$1.09), closed at $92.76. The largest increase in volume.

● CORONADO GLOBAL RESOURCES (CRN) jumped 8.8% (+$0.17), closed at $2.1, the best % gain in more than 1 month, also a 102-day high, crossed above MA20 ($1.99). The best performer with a slight increase in volume.

● CONTACT ENERGY (CEN) largely retreated -6% (-$0.43), closed at $6.7, the worst % loss in more than 4 months, crossed below MA50 and MA200 ($6.73, $6.87). The worst performer with a significant increase in volume.

● DOMINO’S PIZZA ENTERPRISES (DMP) tanked -5.3% (-$3.38), closed at $60.01, the worst % loss in more than 1 month.

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