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ASX Market Update 2023-11-10

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SP/ASX 200 fell -0.5% (-38.5 pts), closed at 6977 points, fell -0.01% (-1 pts) for the week.

Among the 150 largest-cap stocks, 38 (25%) closed higher. 43% of all ASX stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -1.1% to 1%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.5%; Utilities was up 1%, the best performer, reflecting a more conservative market sentiment; Energy was down -1.1%, the worst performer.

● NEXGEN ENERGY (CANADA) (NXG) jumped 7.4% (+$0.67), closed at $9.67, the best % gain in 1 month, fell -0.2% (-$0.02) for the week after a 3-week winning streak, crossed above MA20 and MA50 ($9.17, $9.28). The best performer today with a significant decrease in volume.
360miq.com/stockinfo?code=NXG.AX

● PILBARA MINERALS (PLS) largely retreated -5.9% (-$0.22), closed at $3.51, a 148-day low, fell -6.4% (-$0.24) for the week, fell 2 weeks in a row. The worst performer today but with average volume.
360miq.com/stockinfo?code=PLS.AX

● ORIGIN ENERGY (ORG) retreated -2.5% (-$0.22) after a 4-day winning streak, closed at $8.65, rose 3.2% (+$0.27) for the week, crossed below MA50 ($8.84). The largest increase in volume today.
360miq.com/stockinfo?code=ORG.AX

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

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