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ASX Market Update 2024-06-13

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SP/ASX 200 rose +0.4% (+33.7 pts), closed at 7750 points, crossed above MA50 (7736 pts).

Among the 150 largest-cap stocks, 88 (59%) closed higher. 54% of all ASX stocks ended higher.

In terms of sectors, 9 sectors closed up, 3 sectors closed down, ranging from -0.4% to +1.7%. 6 sectors outperformed the market. The market was up +0.5%; Technology was up +1.7%, the best performer, reflecting a more aggressive market sentiment; Basic Materials was down -0.4%, but already the worst performer.

● CONTACT ENERGY (CEN) largely rebounded +4.1% (+$0.35), closed at $8.85, hit a YTD high. The best performer with a significant decrease in volume.
360miq.com/stockinfo?code=CEN.AX

● NEXTDC (NXT) largely rebounded +3.6% (+$0.63), closed at $18.34, hit a record high.
360miq.com/stockinfo?code=NXT.AX

● ASX (ASX) plummeted -8% (-$5.06), closed at $58.14, fell 3 days in a row, the worst % loss in 1 year, also hit a YTD low, crossed below MA200 ($60.89). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=ASX.AX

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

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