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ASX Market Update 2023-01-05

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SP/ASX 200 slightly rose 0.07% (+4.6 pts), closed at 7064 points.

Among the 150 largest-cap stocks, 72 (48%) closed higher. 63% of all ASX stocks ended higher.

In terms of sectors, 7 sectors closed up, the market internal was more positive, 4 sectors closed down, 1 sector remained unchanged, ranging from -1.1% to 0.7%. 6 sectors outperformed the market. The market was up 0.2%; Basic Materials was up 0.7%, the best performer; Energy was down -1.1%, the worst performer.

● LIONTOWN RESOURCES (LTR) spiked 5.2% (+$0.065), closed at $1.32, the best % gain in more than 1 month. The best performer but with average volume.

● NEXGEN ENERGY (CANADA) (NXG) sank -7.2% (-$0.48), closed at $6.15, crossed below MA20, MA50 and MA200 ($6.33, $6.38, $6.45). The worst performer with a slight decrease in volume.

● CHALICE MINING (CHN) surged 4.7% (+$0.3), closed at $6.65, a 156-day high.

● ANGLOGOLD ASHANTI (AGG) largely rose 3.7% (+$0.22), closed at $6.15, the best % gain in 1 month, also a 178-day high. The largest increase in volume.

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