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ASX Market Update 2023-11-28

360MiQ 0

SP/ASX 200 rose 0.4% (+27.2 pts), closed at 7015 points, crossed above MA20 and MA50 (7006 pts, 6988 pts).

Among the 150 largest-cap stocks, 98 (65%) closed higher. 54% of all ASX stocks ended higher.

In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -0.8% to 1.6%. 6 sectors outperformed the market. The market was up 0.5%; Utilities was up 1.6%, the best performer, reflecting a more conservative market sentiment; Energy was down -0.8%, the worst performer.

● MERCURY NZ (MCY) largely rebounded 4.5% (+$0.25), closed at $5.78, crossed above MA20 and MA50 ($5.61, $5.62). The best performer with the largest increase in volume.
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