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ASX Market Update 2023-08-29

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SP/ASX 200 rose 0.7% (+50.5 pts), closed at 7211 points, the best % gain in 1 month.

Among the 150 largest-cap stocks, 95 (63%) closed higher. 57% of all ASX stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.1% to 1.6%. only 2 sectors outperformed the market. The market was up 0.6%; Basic Materials was up 1.6%, the best performer; Healthcare was down -0.1%, but already the worst performer.

● ALTIUM (ALU) fell -2.5% (-$1.19), closed at $47.02, the worst % loss in more than 1 month. The worst performer but with average volume.
360miq.com/stockinfo?code=ALU.AX

● MINERAL RESOURCES (MIN) largely rebounded 8% (+$5.13), closed at $69.48, the best % gain in more than 11 months, crossed above MA20 ($66.87). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=MIN.AX

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

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