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ASX Market Update 2023-08-14

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SP/ASX 200 fell -0.9% (-63 pts), closed at 7277 points, a 21-day low.

Among the 150 largest-cap stocks, 38 (25%) closed higher. 39% of all ASX stocks ended higher.

In terms of sectors, 3 sectors closed up, 9 sectors closed down, ranging from -1.7% to 0.8%. 6 sectors outperformed the market. The market was down -0.7%; Communication was up 0.8%, the best performer; Basic Materials was down -1.7%, the worst performer.

● CARSALES.COM (CAR) jumped 7% (+$1.72), closed at $26.33, the best % gain in nearly 14 months, also hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=CAR.AX

● NEXGEN ENERGY (CANADA) (NXG) largely rebounded 6% (+$0.43), closed at $7.6, the best % gain in nearly 2 months, also hit a YTD high. The largest increase in volume.
360miq.com/stockinfo?code=NXG.AX

● PILBARA MINERALS (PLS) tanked -6% (-$0.32), closed at $4.99, the worst % loss in 5 months, crossed below MA20 ($5.03). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=PLS.AX

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

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