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ASX Market Update 2023-06-02

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SP/ASX 200 rose 0.5% (+34.1 pts), closed at 7145 points, fell -0.1% (-10 pts) for the week, fell 2 weeks in a row, crossed above MA200 (7114 pts).

Among the 150 largest-cap stocks, 83 (55%) closed higher. 60% of all ASX stocks ended higher.

In terms of sectors, 5 sectors closed up, 7 sectors closed down, ranging from -0.8% to 2.4%. 3 sectors outperformed the market. The market was up 0.5%; Basic Materials was up 2.4%, the best performer; Consumer Defensive was down -0.8%, the worst performer.

● TELIX PHARMACEUTICALS (TLX) sank -7.2% (-$0.84), closed at $10.82, the worst % loss in more than 4 months, fell -8.5% (-$1.01) for the week after a 9-week winning streak, crossed below MA20 ($11.34). The worst performer today with a slight decrease in volume.
360miq.com/stockinfo?code=TLX.AX

● NEXGEN ENERGY (CANADA) (NXG) surged 9.8% (+$0.59), closed at $6.62, the best % gain in nearly 11 months, also a 65-day high, rose 12.8% (+$0.75) for the week after a 2-week losing streak, crossed above MA200 ($6.12). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=NXG.AX

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

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