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ASX Market Update 2023-07-14

360MiQ 0

SP/ASX 200 rose 0.8% (+56.1 pts), closed at 7303 points, rose 4 days in a row, rose 3.7% (+261 pts) for the week.

Among the 150 largest-cap stocks, 120 (80%) closed higher. 63% of all ASX stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.2% to 3.4%. 4 sectors outperformed the market. The market was up 1.1%; Technology was up 3.4%, the best performer, reflecting an increasing risk appetite; Healthcare was down -0.2%, but already the worst performer.

● CORONADO GLOBAL RESOURCES (CRN) rose 1.8% (+$0.028), closed at $1.56, rose 3.3% (+$0.05) for the week. The largest increase in volume today.
360miq.com/stockinfo?code=CRN.AX

● TELIX PHARMACEUTICALS (TLX) soared 5.9% (+$0.66), closed at $11.85, rose 5 days in a row, the best % gain in nearly 3 months, rose 12.7% (+$1.34) for the week after a 2-week losing streak, crossed above MA20 and MA50 ($11.34, $11.24). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=TLX.AX

● BLOCK (SQ2) surged 5.3% (+$5.58), closed at $111.29, rose 5 days in a row, the best % gain in more than 3 months, also a 77-day high, rose 15.5% (+$14.97) for the week.
360miq.com/stockinfo?code=SQ2.AX

● LENDLEASE GROUP (LLC) spiked 5.2% (+$0.425), closed at $8.58, the best % gain in more than 6 months, also a 108-day high, rose 10.4% (+$0.81) for the week, rose 3 weeks in a row.
360miq.com/stockinfo?code=LLC.AX

● NETWEALTH GROUP (NWL) largely retreated -6.4% (-$0.93), closed at $13.68, the worst % loss in more than 3 months, rose 2.5% (+$0.33) for the week, crossed below MA20 ($13.78). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=NWL.AX

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

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