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ASX Market Update 2023-04-21

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SP/ASX 200 fell -0.4% (-31.6 pts), closed at 7330 points, fell -0.4% (-32 pts) for the week after a 3-week winning streak.

Among the 150 largest-cap stocks, 75 (50%) closed higher. 44% of all ASX stocks ended higher.

In terms of sectors, 4 sectors closed up, 7 sectors closed down, 1 sector remained unchanged, ranging from -1.5% to 0.7%. 8 sectors outperformed the market. The market was down -0.4%; Healthcare was up 0.7%, the best performer; Basic Materials was down -1.5%, the worst performer.

● WHITEHAVEN COAL (WHC) surged 5.9% (+$0.41), closed at $7.38, a 28-day high, rose 7.4% (+$0.51) for the week, crossed above MA50 ($7.05). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=WHC.AX

● BORAL (BLD) soared 5.6% (+$0.22), closed at $4.13, the best % gain in more than 2 months, also hit a YTD high, rose 6.2% (+$0.24) for the week, rose 3 weeks in a row.
360miq.com/stockinfo?code=BLD.AX

● BANK OF QUEENSLAND (BOQ) largely retreated -5% (-$0.32), closed at $6.04, the worst % loss in more than 4 months, also hit a YTD low, fell -6.1% (-$0.39) for the week. The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=BOQ.AX

● FORTESCUE METALS GROUP (FMG) largely fell -4.1% (-$0.93), closed at $21.49, the worst % loss in 4 months, fell -4.2% (-$0.94) for the week, crossed below MA20 and MA50 ($21.74, $21.72).
360miq.com/stockinfo?code=FMG.AX

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

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