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ASX Market Update 2024-02-26

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SP/ASX 200 slightly rose 0.1% (+8.8 pts), closed at 7653 points, rose 3 days in a row.

Among the 150 largest-cap stocks, 78 (52%) closed higher. 51% of all ASX stocks ended higher.

In terms of sectors, 6 sectors closed up, 5 sectors closed down, 1 sector remained unchanged, ranging from -1.8% to 1%. 4 sectors outperformed the market. The market was up 0.2%; Consumer Cyclical, Technology were up 1%, the best performers; Energy was down -1.8%, the worst performer.

● LIONTOWN RESOURCES (LTR) largely rebounded 8.4% (+$0.09) after a 4-day losing streak, closed at $1.165. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=LTR.AX

● LOVISA (LOV) surged 7.1% (+$2.08), closed at $31.25, rose 3 days in a row, hit a record high.
360miq.com/stockinfo?code=LOV.AX

● TPG TELECOM (TPG) largely retreated -8% (-$0.43), closed at $4.93, the worst % loss in more than 3 months, also hit a YTD low, crossed below MA20, MA50 and MA200 ($5.31, $5.19, $5.19). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=TPG.AX

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

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