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ASX Market Update 2024-03-27

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SP/ASX 200 rose 0.5% (+39.6 pts), closed at 7820 points.

Among the 150 largest-cap stocks, 87 (58%) closed higher. 58% of all ASX stocks ended higher.

In terms of sectors, all sectors were up with gains from 0.1% to 1.8%. 4 sectors outperformed the market. The market was up 0.5%; Utilities was up 1.8%, the best performer, reflecting a more conservative market sentiment; Energy was up 0.1%, but already the worst performer.

● MERIDIAN ENERGY (MEZ) largely rebounded 6.6% (+$0.35), closed at $5.64, crossed above MA20 ($5.39). The best performer with a significant decrease in volume.
360miq.com/stockinfo?code=MEZ.AX

● PREMIER INVESTMENTS (PMV) largely retreated -2.9% (-$0.93), closed at $31.07, the worst % loss in nearly 6 months. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=PMV.AX

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

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