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ASX Market Update 2023-10-11

360MiQ 0

SP/ASX 200 rose 0.7% (+47.4 pts), closed at 7088 points, rose 5 days in a row, crossed above MA20 (7063 pts).

Among the 150 largest-cap stocks, 111 (74%) closed higher. 66% of all ASX stocks ended higher.

In terms of sectors, all sectors were up with gains from 0.1% to 2.3%. 6 sectors outperformed the market. The market was up 0.7%; Technology was up 2.3%, the best performer, reflecting an increasing risk appetite; Healthcare was up 0.1%, but already the worst performer.

● CONTACT ENERGY (CEN) largely rebounded 4.5% (+$0.33), closed at $7.63, crossed above MA20 and MA50 ($7.53, $7.55). The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=CEN.AX

● BANK OF QUEENSLAND (BOQ) tanked -7.4% (-$0.43) after a 4-day winning streak, closed at $5.35, the worst % loss in more than 3 years, also a 76-day low, crossed below MA20 ($5.74). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=BOQ.AX

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

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