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ASX Market Update 2023-08-09

360MiQ 0

SP/ASX 200 rose 0.4% (+27 pts), closed at 7338 points, is testing MA20 (7341 pts).

Among the 150 largest-cap stocks, 73 (49%) closed higher. For 2 days in a row, SP/ASX 200 rose but more than half of ASX stocks ended lower. Today, 43% of all ASX stocks rose with the index. The market is relatively tiring.

In terms of sectors, 6 sectors closed up, 4 sectors closed down, 2 sectors remained unchanged, ranging from -1.4% to 1%. 3 sectors outperformed the market. The market was up 0.2%; Financial was up 1%, the best performer; Utilities was down -1.4%, the worst performer.

● CORONADO GLOBAL RESOURCES (CRN) largely rebounded 4.8% (+$0.07), closed at $1.525, is testing MA50 ($1.53). The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=CRN.AX

● BSP FINANCIAL GROUP (BFL) jumped 4.5% (+$0.25), closed at $5.85, rose 3 days in a row, the best % gain in 5 months, also hit a record high. The largest increase in volume.
360miq.com/stockinfo?code=BFL.AX

● RESMED (RMD) plunged -4.6% (-$1.33), closed at $27.42, fell 5 days in a row, hit a YTD low. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=RMD.AX

● CHARTER HALL LONG WALE REIT (CLW) largely fell -3.9% (-$0.15), closed at $3.65, hit a YTD low.
360miq.com/stockinfo?code=CLW.AX

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

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