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ASX Market Update 2025-02-10

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SP/ASX 200 slightly fell -0.3% (-28.2 pts), closed at 8483 points.

Among the 150 largest-cap stocks, 61 (41%) closed higher. 43% of all ASX stocks ended higher.

In terms of sectors, 3 sectors closed up, 9 sectors closed down, ranging from -1.2% to +2.2%. 3 sectors outperformed the market, the market internal was more negative. The market was down -0.2%; Utilities was up +2.2%, the best performer, reflecting a more conservative market sentiment; Technology was down -1.2%, the worst performer.

● ANSELL (ANN) jumped +8.1% (+$2.84), closed at $37.77, rose 4 days in a row, the best % gain in more than 5 months, also hit a YTD high.
360miq.com/stockinfo?code=ANN.AX

● CONTACT ENERGY (CEN) largely rebounded +8.3% (+$0.67), closed at $8.78, crossed above MA20 and MA50 ($8.52, $8.43). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=CEN.AX

● CAR GROUP (CAR) largely retreated -6.5% (-$2.67) after a 3-day winning streak, closed at $38.36, the worst % loss in more than 28 months, crossed below MA20 and MA50 ($39.48, $38.4). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=CAR.AX

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

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