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ASX Market Update 2023-12-28

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SP/ASX 200 rose 0.7% (+53.3 pts), closed at 7614 points, hit a YTD high.

Among the 150 largest-cap stocks, 124 (83%) closed higher, 116 of them rose with a lower volume. 68% of all ASX stocks ended higher, the most in nearly 2 months, good for the market.

In terms of sectors, all sectors were up with gains from 0.1% to 2%. 4 sectors outperformed the market. The market was up 0.8%; Utilities was up 2%, the best performer, reflecting a more conservative market sentiment; Real Estate was up 0.1%, but already the worst performer.

● SSR MINING (SSR) largely retreated -5.7% (-$0.98), closed at $16.36, the worst % loss in nearly 2 months, crossed below MA20 ($16.86). The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=SSR.AX

● FLIGHT CENTRE TRAVEL GROUP (FLT) rose 2.1% (+$0.42), closed at $20.49, rose 3 days in a row, an 81-day high. The largest increase in volume.
360miq.com/stockinfo?code=FLT.AX

● MERCURY NZ (MCY) jumped 4.4% (+$0.26), closed at $6.23, hit a YTD high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=MCY.AX

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

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