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ASX Market Update 2022-12-13

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SP/ASX 200 slightly rose 0.3% (+22.3 pts), closed at 7203 points.

Among the 150 largest-cap stocks, 105 (70%) closed higher. 53% of all ASX stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -1.4% to 2.3%. 7 sectors outperformed the market, the market internal was more positive. The market was up 0.3%; Technology was up 2.3%, the best performer, reflecting a more aggressive market sentiment; Basic Materials was down -1.4%, the worst performer.

● CHAMPION IRON (CIA) plunged -4.6% (-$0.33), closed at $6.9, the worst % loss in more than 1 month. The worst performer with a slight decrease in volume.

● BENDIGO AND ADELAIDE BANK (BEN) jumped 6.9% (+$0.62), closed at $9.66, the best % gain in nearly 22 months, also an 85-day high, crossed above MA200 ($9.32). The best performer with the largest increase in volume.

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