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ASX Market Update 2024-03-21

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SP/ASX 200 rose 1.1% (+86 pts), closed at 7782 points, the best % gain in more than 1 month, crossed above MA20 (7713 pts).

Among the 150 largest-cap stocks, 113 (75%) closed higher. 68% of all ASX stocks ended higher, the most in nearly 3 months, good for the market.

In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -1.2% to 1.8%. 5 sectors outperformed the market. The market was up 1.1%; Technology was up 1.8%, the best performer, reflecting a more aggressive market sentiment; Utilities was down -1.2%, the worst performer.

● WEBJET (WEB) spiked 9.2% (+$0.73), closed at $8.69, the best % gain in 16 months, also hit a YTD high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=WEB.AX

● SPARK NEW ZEALAND (SPK) largely fell -3.7% (-$0.17), closed at $4.46, the worst % loss in nearly 13 months, also hit a YTD low. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=SPK.AX

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

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