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ASX Market Update 2025-02-24

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SP/ASX 200 slightly rose +0.1% (+12.2 pts) after a 5-day losing streak, closed at 8308 points.

Among the 150 largest-cap stocks, 55 (37%) closed higher. 38% of all ASX stocks ended higher.

In terms of sectors, 5 sectors closed up, 7 sectors closed down, ranging from -8.9% to +1.7%. 6 sectors outperformed the market. The market was down -0.6%; Financial was up +1.7%, the best performer; Technology plummeted -8.9%, the worst performer.

● NIB (NHF) surged +12.5% (+$0.74), closed at $6.68, the best % gain in 69 months, also hit a YTD high, crossed above MA200 ($6.25). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=NHF.AX

● WISETECH GLOBAL (WTC) plunged -20.1% (-$24.45), closed at $97.25, the worst % loss in 5 years, also hit a YTD low, crossed below MA200 ($114.28). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=WTC.AX

● REECE (REH) tumbled -13.2% (-$2.9), closed at $19.05, hit a YTD low.
360miq.com/stockinfo?code=REH.AX

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

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