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ASX Market Update 2023-10-27

360MiQ 0

SP/ASX 200 slightly rose 0.2% (+14.9 pts), closed at 6827 points, fell -1.1% (-74 pts) for the week, fell 2 weeks in a row.

Among the 150 largest-cap stocks, 78 (52%) closed higher. 52% of all ASX stocks ended higher.

In terms of sectors, 9 sectors closed up, the market internal was more positive, 3 sectors closed down, ranging from -0.7% to 1.1%. 5 sectors outperformed the market. The market was up 0.2%; Consumer Defensive was up 1.1%, the best performer, reflecting a decreasing risk appetite; Healthcare was down -0.7%, the worst performer.

● CONTACT ENERGY (CEN) soared 7.1% (+$0.51), closed at $7.7, the best % gain in more than 1 month, rose 4.1% (+$0.3) for the week, crossed above MA20 and MA50 ($7.47, $7.51). The best performer today with a slight decrease in volume.
360miq.com/stockinfo?code=CEN.AX

● CHAMPION IRON (CIA) surged 6.9% (+$0.45), closed at $6.94, rose 3 days in a row, the best % gain in more than 6 months, also a 133-day high, rose 10.5% (+$0.66) for the week, rose 3 weeks in a row.
360miq.com/stockinfo?code=CIA.AX

● BRAMBLES (BXB) plummeted -5.7% (-$0.79), closed at $13.19, fell 3 days in a row, the worst % loss in more than 17 months, also a 152-day low, fell -8% (-$1.14) for the week after a 2-week winning streak, crossed below MA200 ($13.68). The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=BXB.AX

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

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