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ASX Market Update 2023-12-08

360MiQ 0

SP/ASX 200 slightly rose 0.3% (+21.9 pts), closed at 7195 points, a 57-day high, rose 1.7% (+122 pts) for the week, rose 2 weeks in a row.

Among the 150 largest-cap stocks, 93 (62%) closed higher. 51% of all ASX stocks ended higher.

In terms of sectors, 8 sectors closed up, the market internal was more positive, 3 sectors closed down, 1 sector remained unchanged, ranging from -0.8% to 0.7%. 5 sectors outperformed the market. The market was up 0.2%; Energy was up 0.7%, the best performer; Technology was down -0.8%, the worst performer.

● CONTACT ENERGY (CEN) largely fell -3.9% (-$0.29), closed at $7.09, fell -6.6% (-$0.5) for the week after a 2-week winning streak, crossed below MA20, MA50 and MA200 ($7.21, $7.34, $7.23). The worst performer today with a significant decrease in volume.
360miq.com/stockinfo?code=CEN.AX

● SANTOS (STO) surged 6.1% (+$0.42), closed at $7.25, rose 3 days in a row, the best % gain in more than 15 months, rose 5.1% (+$0.35) for the week, crossed above MA20 ($7.01). The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=STO.AX

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

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