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ASX Market Update 2024-05-13

360MiQ 0

SP/ASX 200 slightly rose +0.01% (+1 pts), closed at 7750 points, is testing MA50 (7728 pts).

Among the 150 largest-cap stocks, 73 (49%) closed higher, 63 of them rose with a lower volume. 46% of all ASX stocks ended higher.

In terms of sectors, 4 sectors closed up, 6 sectors closed down, 2 sectors remained unchanged, ranging from -1.3% to +0.8%. 6 sectors outperformed the market. The market was down -0.1%; Utilities was up +0.8%, the best performer, reflecting a more risk-averse market; Technology was down -1.3%, the worst performer.

● BSP FINANCIAL GROUP (BFL) surged +8.7% (+$0.55), closed at $6.85, the best % gain in more than 26 months, also a 49-day high. The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=BFL.AX

● NEXGEN ENERGY (CANADA) (NXG) largely retreated -11.7% (-$1.44), closed at $10.9, the worst % loss in 8 months, also a 48-day low, crossed below MA50 ($12.05). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=NXG.AX

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

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