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ASX Market Update 2023-07-04

360MiQ 0

SP/ASX 200 rose 0.5% (+33 pts), closed at 7279 points, rose 3 days in a row.

Among the 150 largest-cap stocks, 94 (63%) closed higher, 76 of them rose with a lower volume. 66% of all ASX stocks ended higher.

In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -0.1% to 1.1%. 3 sectors outperformed the market. The market was up 0.5%; Financial was up 1.1%, the best performer; Technology, Industrials were down -0.1%, but already the worst performers.

● MERCURY NZ (MCY) sank -4.6% (-$0.28) after a 5-day winning streak, closed at $5.77, crossed below MA20 and MA50 ($5.82, $5.9). The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=MCY.AX

● GQG PARTNERS (GQG) jumped 8.5% (+$0.12), closed at $1.525, the best % gain in nearly 15 months, also a 100-day high, crossed above MA20 and MA200 ($1.43, $1.43). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=GQG.AX

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

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