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ASX Market Update 2023-05-22

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SP/ASX 200 slightly fell -0.2% (-16.7 pts), closed at 7263 points, is testing MA20 (7262 pts).

Among the 150 largest-cap stocks, 46 (31%) closed higher. 37% of all ASX stocks ended higher.

In terms of sectors, 3 sectors closed up, 8 sectors closed down, 1 sector remained unchanged, ranging from -1.6% to 0.6%. 4 sectors outperformed the market, the market internal was more negative. The market was down -0.3%; Energy was up 0.6%, the best performer; Utilities was down -1.6%, the worst performer.

● SEZZLE (SZL) spiked 3225% (+$20.64), closed at $21.28, hit a record high, crossed above MA50 ($1.06). The best performer with a significant decrease in volume.
360miq.com/stockinfo?code=SZL.AX

● CONTACT ENERGY (CEN) largely retreated -7.3% (-$0.56), closed at $7.13, the worst % loss in 5 months, crossed below MA20 and MA50 ($7.35, $7.17). The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=CEN.AX

● MERIDIAN ENERGY (MEZ) fell -1.2% (-$0.06), closed at $5.11. The largest increase in volume.
360miq.com/stockinfo?code=MEZ.AX

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

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