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ASX Market Update 2023-02-06

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SP/ASX 200 slightly fell -0.3% (-19 pts) after a 3-day winning streak, closed at 7539 points, the worst % loss in 1 month.

Among the 150 largest-cap stocks, 48 (32%) closed higher. 34% of all ASX stocks ended higher.

In terms of sectors, 1 sector closed up, 10 sectors closed down, 1 sector remained unchanged, ranging from -1.8% to 0.8%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.4%; Energy was up 0.8%, the best performer; Technology was down -1.8%, the worst performer.

● NEWCREST MINING (NCM) largely rebounded 9.3% (+$2.08), closed at $24.53, the best % gain in more than 33 months, also hit a YTD high, crossed above MA20 ($22.8). The best performer with the largest increase in volume.

● MAYNE PHARMA GROUP (MYX) plummeted -6.3% (-$0.19), closed at $2.83, hit a YTD low. The worst performer with a slight increase in volume.

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