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ASX Market Update 2023-12-18

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SP/ASX 200 slightly fell -0.2% (-16.6 pts) after a 6-day winning streak, closed at 7426 points.

Among the 150 largest-cap stocks, 62 (41%) closed higher, 58 of them rose with a lower volume. 43% of all ASX stocks ended higher.

In terms of sectors, 1 sector closed up, 9 sectors closed down, 2 sectors remained unchanged, ranging from -1.2% to 0.2%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.2%; Consumer Cyclical was up 0.2%, but already the best performer; Real Estate was down -1.2%, the worst performer.

● MERCURY NZ (MCY) rebounded 2% (+$0.12), closed at $6. The largest increase in volume.
360miq.com/stockinfo?code=MCY.AX

● NEUREN PHARMACEUTICALS (NEU) jumped 29.5% (+$5.06), closed at $22.2, rose 3 days in a row, the best % gain in more than 2 years, also hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=NEU.AX

● MERIDIAN ENERGY (MEZ) largely fell -3.8% (-$0.19), closed at $4.81, the worst % loss in nearly 2 months, crossed below MA20 and MA200 ($4.86, $4.84). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=MEZ.AX

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

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