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ASX Market Update 2023-08-30

360MiQ 0

SP/ASX 200 rose 1.2% (+86.7 pts), closed at 7298 points, rose 3 days in a row, the best % gain in more than 1 month, crossed above MA20, MA50 and MA200 (7236 pts, 7245 pts, 7242 pts).

Among the 150 largest-cap stocks, 124 (83%) closed higher. 65% of all ASX stocks ended higher.

In terms of sectors, all sectors were up with gains from 0.2% to 1.9%. 5 sectors outperformed the market. The market was up 1.2%; Industrials was up 1.9%, the best performer; Communication was up 0.2%, but already the worst performer.

● BRAMBLES (BXB) surged 7.1% (+$1), closed at $15.15, the best % gain in 6 months, also hit a YTD high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=BXB.AX

● BORAL (BLD) tanked -8% (-$0.4), closed at $4.63, the worst % loss in nearly 19 months, crossed below MA20 ($4.84). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=BLD.AX

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

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