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ASX Market Update 2023-12-20

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SP/ASX 200 rose 0.7% (+48.9 pts), closed at 7538 points, a 222-day high.

Among the 150 largest-cap stocks, 107 (71%) closed higher, 98 of them rose with a lower volume. 65% of all ASX stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -2.1% to 1.4%. 5 sectors outperformed the market. The market was up 0.6%; Technology was up 1.4%, the best performer; Utilities was down -2.1%, the worst performer.

● SSR MINING (SSR) largely rose 3.5% (+$0.57), closed at $16.66, the best % gain in more than 1 month. The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=SSR.AX

● MERCURY NZ (MCY) largely retreated -6.2% (-$0.38), closed at $5.72, the worst % loss in 1.5 years, crossed below MA20 and MA200 ($5.79, $5.81). The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=MCY.AX

● NEXGEN ENERGY (CANADA) (NXG) largely fell -3.6% (-$0.37), closed at $9.95, fell 3 days in a row, crossed below MA20 ($10.21). The largest increase in volume.
360miq.com/stockinfo?code=NXG.AX

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

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