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ASX Market Update 2024-06-14

360MiQ 0

SP/ASX 200 slightly fell -0.3% (-25.7 pts), closed at 7724 points, fell -1.7% (-136 pts) for the week, crossed below MA50 (7735 pts).

Among the 150 largest-cap stocks, 46 (31%) closed higher. 43% of all ASX stocks ended higher.

In terms of sectors, 1 sector closed up, 8 sectors closed down, 3 sectors remained unchanged, ranging from -2.2% to +0.1%. 6 sectors outperformed the market. The market was down -0.4%; Healthcare was up +0.1%, but already the best performer; Technology was down -2.2%, the worst performer.

● LIFE360 (360) surged +5.5% (+$0.78), closed at $15.07, rose 3 days in a row, the best % gain in 2 months, rose +9.2% (+$1.27) for the week, crossed above MA20 and MA50 ($15.06, $14.39). The best performer today with a slight decrease in volume.
360miq.com/stockinfo?code=360.AX

● DETERRA ROYALTIES (DRR) tumbled -7% (-$0.31), closed at $4.15, the worst % loss in more than 16 months, also hit a YTD low, fell -9.4% (-$0.43) for the week, fell 5 weeks in a row. The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=DRR.AX

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

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