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ASX Market Update 2023-09-29

360MiQ 0

SP/ASX 200 slightly rose 0.3% (+23.6 pts) after a 3-day losing streak, closed at 7049 points, fell -0.3% (-20 pts) for the week, fell 2 weeks in a row, fell -3.5% (-256 pts) for the month.

Among the 150 largest-cap stocks, 90 (60%) closed higher. 55% of all ASX stocks ended higher.

In terms of sectors, 8 sectors closed up, 4 sectors closed down, ranging from -0.5% to 1.3%. only 2 sectors outperformed the market. The market was up 0.4%; Basic Materials was up 1.3%, the best performer; Real Estate was down -0.5%, the worst performer.

● NEXGEN ENERGY (CANADA) (NXG) largely rebounded 4.1% (+$0.39), closed at $9.79, rose 3.1% (+$0.29) for the week, rose 18% (+$1.49) for the month, crossed above MA20 ($9.49). The best performer today with a significant decrease in volume.
360miq.com/stockinfo?code=NXG.AX

● WHITEHAVEN COAL (WHC) largely retreated -3.3% (-$0.24), closed at $7.11, the worst % loss in 1 month, rose 5.3% (+$0.36) for the week, rose 3 weeks in a row, rose 16.7% (+$1.02) for the month. The worst performer today but with average volume.
360miq.com/stockinfo?code=WHC.AX

● CONTACT ENERGY (CEN) largely rebounded 2.7% (+$0.2), closed at $7.55, rose 0.8% (+$0.06) for the week, rose 2 weeks in a row, fell -0.9% (-$0.07) for the month, crossed above MA50 ($7.53). The largest increase in volume today.
360miq.com/stockinfo?code=CEN.AX

● BRICKWORKS (BKW) largely rebounded 3.7% (+$0.9), closed at $24.97, the best % gain in 10 months, fell -4.7% (-$1.24) for the week, fell 2 weeks in a row, fell -8.7% (-$2.38) for the month, crossed above MA200 ($24.8).
360miq.com/stockinfo?code=BKW.AX

● SOUTH32 (S32) largely rose 3.7% (+$0.12), closed at $3.39, rose 1.2% (+$0.04) for both the week and the month, crossed above MA20 ($3.32).
360miq.com/stockinfo?code=S32.AX

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

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