Press "Enter" to skip to content

ASX Market Update 2023-01-16

360MiQ 0

SP/ASX 200 rose 0.8% (+60.2 pts), closed at 7388 points, rose 4 days in a row, a 180-day high.

Among the 150 largest-cap stocks, 107 (71%) closed higher. 62% of all ASX stocks ended higher.

In terms of sectors, all sectors were up with gains from 0.3% to 2.3%. 5 sectors outperformed the market. The market was up 0.8%; Technology was up 2.3%, the best performer, reflecting an increasing risk appetite; Utilities, Basic Materials were up 0.3%, but already the worst performers.

● LIONTOWN RESOURCES (LTR) largely fell -3.8% (-$0.06), closed at $1.5, crossed below MA200 ($1.53). The worst performer but with average volume.

● SUPER RETAIL GROUP (SUL) soared 7.7% (+$0.88), closed at $12.34, the best % gain in more than 29 months, also a 287-day high. The best performer with the largest increase in volume.

360miq.com/market?data=ASX#tab-3

Got a stock? Ask 360MiQ

  1. Hi, I’m your virtual stock assistant.

    Please enter a stock code or company name with an optional exchange code:

    ▪ AAPL
    ▪ Berkshire Hathaway
    ▪ 7203 TYO

CloseSpeechSendAvatar