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ASX Market Update 2021-12-17

360MiQ 0

S&P/ASX 200 and the market both added 0.1%.

72 out of 150 (48%) largest-cap stocks ended higher. And also 48% of all ASX stocks closed higher.

4 sectors ended higher. Basic Materials was boosted by gold stocks to be the best sector and gained 1.4%. Technology tumbled -3.1% to be the worst.

Gold stocks had a good day:
● Anglogold Ashanti (AGG) surged 4.6% off MA200.
● Northern Star Resources (NST) surged 5.6% to test MA20 and MA50.
● SSR Mining (SSR) spiked 10.2% off MA50.

Tech and Internet stocks tumbled:
● Afterpay (APT) plunged -7.6% to test its YTD low in May.
● Domain Holdings Australia (DHG) sank -8.5% through MA50 to test MA200.

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

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