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ASX Market Update 2024-03-07

360MiQ 0

SP/ASX 200 rose 0.4% (+29.7 pts), closed at 7764 points, hit a record high.

Among the 150 largest-cap stocks, 102 (68%) closed higher. 56% of all ASX stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -1.4% to 1.4%. 6 sectors outperformed the market. The market was up 0.4%; Industrials was up 1.4%, the best performer; Utilities was down -1.4%, the worst performer.

● TELIX PHARMACEUTICALS (TLX) largely fell -3.5% (-$0.41), closed at $11.33, crossed below MA20 ($11.48). The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=TLX.AX

● WEBJET (WEB) largely rose 3.4% (+$0.23), closed at $7.07, the best % gain in more than 7 months, crossed above MA200 ($7.03). The largest increase in volume.
360miq.com/stockinfo?code=WEB.AX

● ALUMINA (AWC) spiked 6.4% (+$0.07), closed at $1.16, a 25-day high. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=AWC.AX

● PERSEUS MINING (PRU) jumped 5.9% (+$0.115), closed at $2.07, rose 4 days in a row, hit a YTD high.
360miq.com/stockinfo?code=PRU.AX

● RESMED (RMD) largely rebounded 5.5% (+$1.49), closed at $28.82, the best % gain in more than 1 month, also a 20-day high, crossed above MA20 ($27.72).
360miq.com/stockinfo?code=RMD.AX

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

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