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ASX Market Update 2021-12-30

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SP/ASX 200 slightly rose 0.05% (+3), closed at 7513 points, rose 6 days in a row, a 79-day high.

Among the 150 largest-cap stocks, 85 (57%) closed higher. SP/ASX 200 fell -0.5%, but 52% of all ASX stocks rose against the index.

In terms of sectors, 7 sectors closed up, 5 sectors closed down, ranging from -0.5% to 0.8%. 5 sectors outperformed the market. The market was up 0.1%; Real Estate was up 0.8%, the best performer; Technology was down -0.5%, the worst performer.

MAGELLAN FINANCIAL GROUP LIMITED (MFG) largely rebounded 3.7% (+0.77), closed at 21.72. The best performer with a significant decrease in volume.

IDP EDUCATION LIMITED (IEL) largely retreated -5.1% (-1.83) after a 2-day winning streak, closed at 33.79, crossed below MA20 (34.73). The worst performer with a slight decrease in volume.

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