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ASX Market Update 2024-02-28

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SP/ASX 200 slightly fell -0.03% (-2.6 pts) after a 4-day winning streak, closed at 7660 points.

Among the 150 largest-cap stocks, 82 (55%) closed higher. 57% of all ASX stocks ended higher.

In terms of sectors, 5 sectors closed up, 7 sectors closed down, ranging from -0.5% to 3.4%. 4 sectors outperformed the market. The market was up 0.1%; Technology was up 3.4%, the best performer, reflecting a more aggressive market sentiment; Consumer Defensive was down -0.5%, the worst performer.

● NEXTDC (NXT) spiked 13.1% (+$1.99), closed at $17.15, the best % gain in nearly 47 months, also hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=NXT.AX

● NEUREN PHARMACEUTICALS (NEU) tumbled -10.8% (-$2.33), closed at $19.15, hit a YTD low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=NEU.AX

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

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