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ASX Market Update 2023-02-14

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SP/ASX 200 slightly rose 0.2% (+12.9 pts) after a 3-day losing streak, closed at 7431 points.

Among the 150 largest-cap stocks, 93 (62%) closed higher. 51% of all ASX stocks ended higher.

In terms of sectors, 8 sectors closed up, the market internal was more positive, 4 sectors closed down, ranging from -0.4% to 2.1%. 6 sectors outperformed the market. The market was up 0.2%; Technology was up 2.1%, the best performer, reflecting a more aggressive market sentiment; Energy was down -0.4%, but already the worst performer.

● BREVILLE GROUP (BRG) sank -4.7% (-$1.02), closed at $20.68, fell 4 days in a row, the worst % loss in nearly 5 months. The largest increase in volume.

● SIMS (SGM) soared 7.1% (+$1.04), closed at $15.72, the best % gain in nearly 1 year, also hit a YTD high, crossed above MA20 ($15.2). The best performer with a huge increase in volume.

● ANSELL (ANN) largely retreated -8.7% (-$2.45), closed at $25.64, the worst % loss in more than 1 year, also hit a YTD low, crossed below MA200 ($26.46). The worst performer with a huge increase in volume.

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