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ASX Market Update 2023-03-30

360MiQ 0

SP/ASX 200 rose 1% (+72.3 pts), closed at 7122 points, rose 4 days in a row, the best % gain in more than 2 months, crossed above MA20 (7093 pts).

Among the 150 largest-cap stocks, 111 (74%) closed higher. 67% of all ASX stocks ended higher, the most in nearly 3 months, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector remained unchanged, ranging from 0% to 2%. 3 sectors outperformed the market. The market was up 1.1%; Technology was up 2%, the best performer, reflecting a more aggressive market sentiment; Real Estate remained unchanged, but already the worst performer.

● CHARTER HALL LONG WALE REIT (CLW) fell -2.1% (-$0.09), closed at $4.15, hit a YTD low. The worst performer but with average volume.
360miq.com/stockinfo?code=CLW.AX

● GENESIS ENERGY (GNE) surged 6.1% (+$0.15), closed at $2.6, the best % gain in nearly 6 months, crossed above MA20 and MA50 ($2.52, $2.51). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=GNE.AX

● CONTACT ENERGY (CEN) fell -2.1% (-$0.15), closed at $7, crossed below MA20 ($7).
360miq.com/stockinfo?code=CEN.AX

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

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