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ASX Market Update 2023-06-27

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SP/ASX 200 rose 0.6% (+39.2 pts) after a 4-day losing streak, closed at 7118 points, is testing MA200 (7131 pts).

Among the 150 largest-cap stocks, 73 (49%) closed higher. Despite SP/ASX 200 rising 0.6%, only 46% of all ASX stocks rose with the index.

In terms of sectors, 6 sectors closed up, 5 sectors closed down, 1 sector remained unchanged, ranging from -0.9% to 1.8%. 3 sectors outperformed the market. The market was up 0.4%; Real Estate was up 1.8%, the best performer; Technology was down -0.9%, the worst performer.

● SCENTRE GROUP (SCG) largely rose 4% (+$0.1), closed at $2.61, the best % gain in nearly 8 months. The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=SCG.AX

● CORONADO GLOBAL RESOURCES (CRN) rose 1.3% (+$0.02), closed at $1.525. The largest increase in volume.
360miq.com/stockinfo?code=CRN.AX

● MEDIBANK PRIVATE LIMITED (MPL) largely fell -3.9% (-$0.14), closed at $3.44, the worst % loss in 8 months, also a 53-day low, crossed below MA50 ($3.56). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=MPL.AX

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

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