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ASX Market Update 2024-06-12

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SP/ASX 200 fell -0.5% (-39.5 pts), closed at 7716 points, crossed below MA50 (7739 pts).

Among the 150 largest-cap stocks, 37 (25%) closed higher. 36% of all ASX stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -1.4% to +0.5%. 4 sectors outperformed the market, the market internal was more negative. The market was down -0.5%; Energy was up +0.5%, the best performer; Utilities was down -1.4%, the worst performer.

● EMERALD RESOURCES NL (EMR) largely rebounded +6.1% (+$0.21), closed at $3.66, the best % gain in nearly 4 months, crossed above MA50 ($3.57). The best performer but with average volume.
360miq.com/stockinfo?code=EMR.AX

● NICKEL INDUSTRIES (NIC) sank -7.6% (-$0.07), closed at $0.85, the worst % loss in nearly 1 year, also a 35-day low. The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=NIC.AX

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

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