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ASX Market Update 2024-03-12

360MiQ 0

SP/ASX 200 slightly rebounded 0.1% (+8.5 pts), closed at 7713 points.

Among the 150 largest-cap stocks, 86 (57%) closed higher. 55% of all ASX stocks ended higher.

In terms of sectors, 7 sectors closed up, the market internal was more positive, 3 sectors closed down, 2 sectors remained unchanged, ranging from -1% to 2%. 4 sectors outperformed the market. The market was up 0.2%; Technology was up 2%, the best performer, reflecting a more aggressive market sentiment; Utilities was down -1%, the worst performer.

● CONTACT ENERGY (CEN) largely retreated -3.6% (-$0.28), closed at $7.4, crossed below MA20 and MA50 ($7.58, $7.45). The largest increase in volume.
360miq.com/stockinfo?code=CEN.AX

● ALUMINA (AWC) largely rebounded 8.1% (+$0.095), closed at $1.27, the best % gain in 2 months, also hit a YTD high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=AWC.AX

● YANCOAL AUSTRALIA (YAL) sank -8% (-$0.48), closed at $5.53, fell 3 days in a row, the worst % loss in more than 13 months, crossed below MA20 and MA50 ($5.88, $5.7). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=YAL.AX

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

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