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ASX Market Update 2023-10-13

360MiQ 0

SP/ASX 200 fell -0.6% (-40 pts) after a 6-day winning streak, closed at 7051 points, rose 1.4% (+97 pts) for the week after a 3-week losing streak, is testing MA20 (7047 pts).

Among the 150 largest-cap stocks, 26 (17%) closed higher. 38% of all ASX stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.1% to -1.8%. 4 sectors outperformed the market. The market was down -0.6%; Healthcare was down -0.1%, but already the best performer; Real Estate was down -1.8%, the worst performer.

● CONTACT ENERGY (CEN) largely rebounded 3.5% (+$0.26), closed at $7.71, rose 5.6% (+$0.41) for the week, crossed above MA20 and MA50 ($7.54, $7.55). The best performer today with a significant decrease in volume.
360miq.com/stockinfo?code=CEN.AX

● HARVEY NORMAN (HVN) tumbled -4.4% (-$0.18), closed at $3.88, the worst % loss in more than 7 months, fell -1.5% (-$0.06) for the week, crossed below MA20 and MA50 ($3.92, $3.9). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=HVN.AX

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

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