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ASX Market Update 2023-12-12

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SP/ASX 200 rose 0.5% (+36.3 pts), closed at 7235 points, rose 3 days in a row, a 61-day high.

Among the 150 largest-cap stocks, 108 (72%) closed higher. 51% of all ASX stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.1% to 1.3%. 7 sectors outperformed the market, the market internal was more positive. The market was up 0.4%; Technology was up 1.3%, the best performer; Basic Materials was down -0.1%, but already the worst performer.

● TELIX PHARMACEUTICALS (TLX) jumped 4.7% (+$0.45), closed at $10.01, the best % gain in more than 1 month, crossed above MA50 ($9.65). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=TLX.AX

● LYNAS RARE EARTHS (LYC) sank -4.6% (-$0.29), closed at $6.03, fell 4 days in a row, the worst % loss in nearly 6 months, also hit a YTD low. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=LYC.AX

● SSR MINING (SSR) largely fell -3.7% (-$0.63), closed at $16.37, hit a record low. The largest increase in volume.
360miq.com/stockinfo?code=SSR.AX

● IDP EDUCATION (IEL) plunged -4.3% (-$0.98), closed at $21.73, fell 4 days in a row, the worst % loss in more than 2 months, crossed below MA50 ($22.57).
360miq.com/stockinfo?code=IEL.AX

● EBOS GROUP (EBO) largely fell -4% (-$1.38), closed at $33.42, crossed below MA20 ($34.14).
360miq.com/stockinfo?code=EBO.AX

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

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