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ASX Market Update 2023-07-05

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SP/ASX 200 fell -0.4% (-25.8 pts) after a 3-day winning streak, closed at 7253 points.

Among the 150 largest-cap stocks, 55 (37%) closed higher. 46% of all ASX stocks ended higher.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, the market internal was more negative, ranging from -0.7% to 0.6%. 6 sectors outperformed the market. The market was down -0.3%; Communication, Utilities were up 0.6%, the best performers; Healthcare was down -0.7%, the worst performer.

● MERCURY NZ (MCY) largely rebounded 6.6% (+$0.38), closed at $6.15, the best % gain in more than 7 months, also a 31-day high, crossed above MA20 and MA50 ($5.83, $5.91). The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=MCY.AX

● AMP (AMP) sank -6.1% (-$0.07), closed at $1.07, the worst % loss in more than 4 months, also a 26-day low, crossed below MA20 and MA50 ($1.13, $1.12). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=AMP.AX

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

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