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ASX Market Update 2023-03-23

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SP/ASX 200 fell -0.7% (-47.4 pts), closed at 6969 points, crossed below MA200 (7002 pts).

Among the 150 largest-cap stocks, 34 (23%) closed higher. 37% of all ASX stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -2.9% to 0.3%. 8 sectors outperformed the market. The market was down -0.8%; Utilities was up 0.3%, but already the best performer, reflecting a more conservative market sentiment; Technology was down -2.9%, the worst performer.

● UNIBAIL-RODAMCO-WESTFIELD (URW) tumbled -7.5% (-$0.32), closed at $3.94, the worst % loss in 9 months, also hit a YTD low, crossed below MA200 ($4). The worst performer but with average volume.
360miq.com/stockinfo?code=URW.AX

● PREMIER INVESTMENTS (PMV) largely fell -3.3% (-$0.85), closed at $24.95, a 50-day low. The largest increase in volume.
360miq.com/stockinfo?code=PMV.AX

● BRICKWORKS (BKW) largely rose 3.1% (+$0.72), closed at $23.76, rose 3 days in a row, the best % gain in nearly 4 months, is testing MA20 ($23.79). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=BKW.AX

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

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