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ASX Market Update 2023-05-02

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SP/ASX 200 fell -0.9% (-67.6 pts), closed at 7267 points, the worst % loss in more than 1 month, crossed below MA20 (7304 pts).

Among the 150 largest-cap stocks, 21 (14%) closed higher. Only 33% of all ASX stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.4% to -1.8%. 4 sectors outperformed the market. The market was down -0.9%; Technology was down -0.4%, but already the best performer; Real Estate was down -1.8%, the worst performer.

● CLEANAWAY WASTE MANAGEMENT (CWY) surged 5.8% (+$0.14), closed at $2.56, the best % gain in more than 1 year, also a 35-day high, crossed above MA20 and MA50 ($2.45, $2.5). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=CWY.AX

● COMPUTERSHARE (CPU) sank -4.8% (-$1.08), closed at $21.45, the worst % loss in more than 1 month, also a 20-day low, crossed below MA20 ($22.38). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=CPU.AX

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

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