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ASX Market Update 2024-05-30

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SP/ASX 200 fell -0.5% (-37.8 pts), closed at 7628 points, fell 3 days in a row.

Among the 150 largest-cap stocks, 58 (39%) closed higher. Only 32% of all ASX stocks ended higher.

In terms of sectors, 4 sectors closed up, 8 sectors closed down, ranging from -2% to +0.5%. 8 sectors outperformed the market. The market was down -0.5%; Consumer Cyclical was up +0.5%, the best performer; Basic Materials was down -2%, the worst performer.

● PRO MEDICUS (PME) largely rose +3.6% (+$4.18), closed at $120.07, rose 3 days in a row, the best % gain in 2 months, also hit a record high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=PME.AX

● LIONTOWN RESOURCES (LTR) sank -5.5% (-$0.075), closed at $1.28, the worst % loss in more than 1 month. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=LTR.AX

● SANDFIRE RESOURCES (SFR) largely retreated -5.1% (-$0.49), closed at $9.2, crossed below MA20 and MA50 ($9.65, $9.24).
360miq.com/stockinfo?code=SFR.AX

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

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