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ASX Market Update 2023-02-08

360MiQ 0

SP/ASX 200 slightly rose 0.3% (+26.1 pts), closed at 7530 points.

Among the 150 largest-cap stocks, 78 (52%) closed higher. 52% of all ASX stocks ended higher.

In terms of sectors, 5 sectors closed up, 6 sectors closed down, 1 sector remained unchanged, ranging from -0.7% to 1%. only 2 sectors outperformed the market. The market was up 0.3%; Basic Materials was up 1%, the best performer; Technology was down -0.7%, the worst performer.

● MERCURY NZ (MCY) largely fell -3.8% (-$0.22), closed at $5.5, the worst % loss in more than 1 month. The worst performer with a significant decrease in volume.

● BORAL (BLD) soared 12.8% (+$0.45), closed at $3.97, the best % gain in 8 months, also hit a YTD high. The best performer with the largest increase in volume.

● AMCOR (AMC) largely fell -3.3% (-$0.57), closed at $16.7, fell 3 days in a row, the worst % loss in 3 months, also hit a YTD low, crossed below MA20 ($17.18).

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