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ASX Market Update 2025-03-05

360MiQ 0

SP/ASX 200 fell -0.7% (-56.9 pts), closed at 8141 points, hit a YTD low, is testing MA200 (8128 pts).

Among the 150 largest-cap stocks, 39 (26%) closed higher, 32 of them rose with a lower volume. Only 32% of all ASX stocks ended higher.

In terms of sectors, 2 sectors closed up, 9 sectors closed down, 1 sector remained unchanged, ranging from -3.4% to +0.4%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.7%; Utilities was up +0.4%, but already the best performer, reflecting a more conservative market sentiment; Consumer Defensive was down -3.4%, the worst performer.

● CONTACT ENERGY (CEN) largely rebounded +8.6% (+$0.66), closed at $8.37, the best % gain in more than 1 month, crossed above MA20, MA50 and MA200 ($8.18, $8.27, $7.78). The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=CEN.AX

● MESOBLAST (MSB) largely rebounded +4.3% (+$0.1), closed at $2.4. The largest increase in volume.
360miq.com/stockinfo?code=MSB.AX

● TREASURY WINE ESTATES (TWE) tanked -5.6% (-$0.59), closed at $9.97, fell 4 days in a row, hit a YTD low. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=TWE.AX

● NETWEALTH GROUP (NWL) plummeted -4.9% (-$1.46), closed at $28.4, the worst % loss in more than 1 month, also a 29-day low.
360miq.com/stockinfo?code=NWL.AX

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

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