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ASX Market Update 2023-07-21

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SP/ASX 200 slightly fell -0.2% (-11.1 pts), closed at 7314 points, rose 0.2% (+11 pts) for the week, rose 2 weeks in a row.

Among the 150 largest-cap stocks, 62 (41%) closed higher. 44% of all ASX stocks ended higher.

In terms of sectors, 3 sectors closed up, 7 sectors closed down, 2 sectors remained unchanged, ranging from -2.2% to 1%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.2%; Consumer Defensive, Energy were up 1%, the best performers, reflecting a decreasing risk appetite; Technology was down -2.2%, the worst performer.

● VENTIA SERVICES GROUP (VNT) plummeted -5.2% (-$0.16), closed at $2.91, the worst % loss in 10 months, fell -4.6% (-$0.14) for the week, crossed below MA20 ($3). The largest increase in volume today.
360miq.com/stockinfo?code=VNT.AX

● CORONADO GLOBAL RESOURCES (CRN) largely rebounded 2.8% (+$0.045), closed at $1.65, a 54-day high, rose 5.8% (+$0.09) for the week, rose 2 weeks in a row. The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=CRN.AX

● MINERAL RESOURCES (MIN) largely retreated -7.5% (-$5.67), closed at $70.11, the worst % loss in nearly 3 months, fell -3.3% (-$2.39) for the week, crossed below MA20 and MA50 ($70.99, $71.48). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=MIN.AX

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

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