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ASX Market Update 2023-05-26

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SP/ASX 200 slightly rebounded 0.2% (+16.8 pts) after a 4-day losing streak, closed at 7155 points, fell -1.7% (-125 pts) for the week after a 2-week winning streak.

Among the 150 largest-cap stocks, 64 (43%) closed higher. 49% of all ASX stocks ended higher.

In terms of sectors, 4 sectors closed up, 7 sectors closed down, the market internal was more negative, ranging from -1% to 0.9%. 4 sectors outperformed the market. The market remained unchanged; Basic Materials was up 0.9%, the best performer; Technology, Healthcare were down -1%, the worst performers.

● NEXTDC (NXT) largely rose 3.4% (+$0.42), closed at $12.61, hit a YTD high, rose 6.8% (+$0.8) for the week, rose 4 weeks in a row.
360miq.com/stockinfo?code=NXT.AX

● ALTIUM (ALU) largely rose 3.6% (+$1.37), closed at $39.85, a 66-day high, rose 7.9% (+$2.92) for the week. The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=ALU.AX

● FISHER & PAYKEL HEALTHCARE (FPH) largely retreated -6.3% (-$1.51), closed at $22.48, the worst % loss in 14 months, also an 89-day low, fell -11.4% (-$2.88) for the week. The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=FPH.AX

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

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