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ASX Market Update 2024-03-28

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SP/ASX 200 rose 1% (+76.9 pts), closed at 7897 points, hit a record high.

Among the 150 largest-cap stocks, 133 (89%) closed higher. 70% of all ASX stocks ended higher, the most in nearly 5 months, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.2% to 1.8%. 6 sectors outperformed the market. The market was up 0.9%; Basic Materials was up 1.8%, the best performer; Utilities was down -0.2%, but already the worst performer.

● AUB GROUP (AUB) rose 1.8% (+$0.52), closed at $29.74. The largest increase in volume.
360miq.com/stockinfo?code=AUB.AX

● ALUMINA (AWC) spiked 6% (+$0.08), closed at $1.42, rose 6 days in a row, hit a YTD high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=AWC.AX

● WHITEHAVEN COAL (WHC) surged 5.3% (+$0.36), closed at $7.1, the best % gain in more than 5 months, crossed above MA20 and MA200 ($6.75, $6.91).
360miq.com/stockinfo?code=WHC.AX

● MERIDIAN ENERGY (MEZ) largely retreated -3.4% (-$0.19), closed at $5.45. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=MEZ.AX

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

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