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ASX Market Update 2023-03-28

360MiQ 0

SP/ASX 200 rose 1% (+72.1 pts), closed at 7034 points, the best % gain in more than 2 months, crossed above MA200 (7003 pts).

Among the 150 largest-cap stocks, 99 (66%) closed higher. 56% of all ASX stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.6% to 3.4%. 4 sectors outperformed the market. The market was up 1.1%; Energy was up 3.4%, the best performer; Healthcare was down -0.6%, the worst performer.

● XERO (XRO) largely retreated -2.9% (-$2.55), closed at $86.43, the worst % loss in more than 1 month. The worst performer but with average volume.
360miq.com/stockinfo?code=XRO.AX

● LIONTOWN RESOURCES (LTR) surged 68.5% (+$1.05), closed at $2.57, rose 3 days in a row, the best % gain in more than 74 months, also hit a record high, crossed above MA20 and MA200 ($1.59, $1.54). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=LTR.AX

● ALLKEM (AKE) soared 13.7% (+$1.39), closed at $11.53, the best % gain in more than 37 months, crossed above MA20 ($11.13).
360miq.com/stockinfo?code=AKE.AX

● CHALICE MINING (CHN) surged 8.9% (+$0.56), closed at $6.84, the best % gain in more than 3 months, also a 52-day high, crossed above MA20 and MA50 ($6.34, $6.38).
360miq.com/stockinfo?code=CHN.AX

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

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