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ASX Market Update 2024-03-06

360MiQ 0

SP/ASX 200 slightly rose 0.1% (+9.5 pts), closed at 7734 points.

Among the 150 largest-cap stocks, 70 (47%) closed higher. 46% of all ASX stocks ended higher.

In terms of sectors, 5 sectors closed up, 5 sectors closed down, 2 sectors remained unchanged, ranging from -2.1% to 3%. 5 sectors outperformed the market. The market remained unchanged; Utilities was up 3%, the best performer, reflecting a more conservative market sentiment; Technology was down -2.1%, the worst performer.

● BLOCK (SQ2) largely fell -3% (-$3.51), closed at $115.16. The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=SQ2.AX

● GENESIS ENERGY (GNE) rebounded 1.8% (+$0.04), closed at $2.32, crossed above MA200 ($2.31). The largest increase in volume.
360miq.com/stockinfo?code=GNE.AX

● MERCURY NZ (MCY) largely rebounded 7% (+$0.44), closed at $6.74, the best % gain in more than 1 month, also hit a record high, crossed above MA20 ($6.35). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=MCY.AX

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

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