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ASX Market Update 2022-12-12

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SP/ASX 200 fell -0.4% (-32.2 pts), closed at 7181 points.

Among the 150 largest-cap stocks, 41 (27%) closed higher, 35 of them rose with a lower volume. 34% of all ASX stocks ended higher.

In terms of sectors, 2 sectors closed up, 9 sectors closed down, 1 sector remained unchanged, ranging from -2.1% to 0.3%. 8 sectors outperformed the market. The market was down -0.5%; Real Estate was up 0.3%, but already the best performer; Utilities was down -2.1%, the worst performer.

● WOODSIDE ENERGY GROUP (WDS) largely rose 2.7% (+$0.92) after a 3-day losing streak, closed at $35.1. The best performer with a slight decrease in volume.

● CONTACT ENERGY (CEN) largely fell -3.1% (-$0.23), closed at $7.09. The largest increase in volume.

● ORIGIN ENERGY (ORG) plunged -7.8% (-$0.61), closed at $7.19, the worst % loss in more than 6 months, also a 22-day low, crossed below MA20 ($7.73). The worst performer with a huge increase in volume.

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