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ASX Market Update 2023-03-15

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SP/ASX 200 rebounded 0.9% (+59.9 pts) after a 3-day losing streak, closed at 7069 points, the best % gain in 2 months.

Among the 150 largest-cap stocks, 111 (74%) closed higher. 60% of all ASX stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -1.1% to 2.9%. 3 sectors outperformed the market. The market was up 0.9%; Technology was up 2.9%, the best performer; Utilities was down -1.1%, the worst performer.

● CORONADO GLOBAL RESOURCES (CRN) largely rebounded 5.4% (+$0.095) after a 3-day losing streak, closed at $1.84, the best % gain in more than 4 months, is testing MA200 ($1.84). The best performer but with average volume.
360miq.com/stockinfo?code=CRN.AX

● CONTACT ENERGY (CEN) largely retreated -5.4% (-$0.4), closed at $7.02, the worst % loss in nearly 3 months, is testing MA50 ($7.01). The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=CEN.AX

● NEXGEN ENERGY (CANADA) (NXG) fell -2.1% (-$0.12), closed at $5.63, hit a YTD low. The largest increase in volume.
360miq.com/stockinfo?code=NXG.AX

● BLOCK (SQ2) largely rebounded 3.9% (+$4.08) after a 5-day losing streak, closed at $108.4.
360miq.com/stockinfo?code=SQ2.AX

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

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