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ASX Market Update 2023-12-15

360MiQ 0

SP/ASX 200 rose 0.9% (+64.7 pts), closed at 7443 points, rose 6 days in a row, a 97-day high, rose 3.4% (+248 pts) for the week, rose 3 weeks in a row.

Among the 150 largest-cap stocks, 96 (64%) closed higher. 59% of all ASX stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.7% to 1.8%. 3 sectors outperformed the market. The market was up 0.8%; Basic Materials, Technology were up 1.8%, the best performers; Utilities was down -0.7%, the worst performer.

● ATLAS ARTERIA (ALX) largely retreated -3.5% (-$0.2), closed at $5.58, the worst % loss in more than 11 months, also a 30-day low, fell -2.3% (-$0.13) for the week, crossed below MA20 and MA50 ($5.72, $5.64). The largest increase in volume today.
360miq.com/stockinfo?code=ALX.AX

● IGO (IGO) spiked 6.1% (+$0.51), closed at $8.88, rose 8.6% (+$0.7) for the week after an 8-week losing streak. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=IGO.AX

● RELIANCE WORLDWIDE (RWC) soared 5.7% (+$0.24), closed at $4.44, rose 6 days in a row, the best % gain in 13 months, also hit a YTD high, rose 13.6% (+$0.53) for the week, rose 3 weeks in a row.
360miq.com/stockinfo?code=RWC.AX

● LIONTOWN RESOURCES (LTR) spiked 5.5% (+$0.075), closed at $1.45, rose 5.1% (+$0.07) for the week, rose 2 weeks in a row.
360miq.com/stockinfo?code=LTR.AX

● TELIX PHARMACEUTICALS (TLX) largely retreated -10.2% (-$1.07) after a 4-day winning streak, closed at $9.4, the worst % loss in nearly 5 months, remained unchanged for the week, crossed below MA20, MA50 and MA200 ($9.64, $9.58, $10.09). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=TLX.AX

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

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