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ASX Market Update 2024-12-04

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SP/ASX 200 fell -0.4% (-32.4 pts), closed at 8463 points.

Among the 150 largest-cap stocks, 60 (40%) closed higher. 50% of all ASX stocks ended higher.

In terms of sectors, 3 sectors closed up, 9 sectors closed down, ranging from -1.5% to +0.7%. 4 sectors outperformed the market, the market internal was more negative. The market was down -0.2%; Basic Materials was up +0.7%, the best performer; Real Estate was down -1.5%, the worst performer.

● NEXGEN ENERGY (CANADA) (NXG) fell -2.2% (-$0.28), closed at $12.47, crossed below MA20 ($12.5). The largest increase in volume.
360miq.com/stockinfo?code=NXG.AX

● LYNAS RARE EARTHS (LYC) surged +5% (+$0.35), closed at $7.32, the best % gain in more than 3 months, crossed above MA20 ($7.04).
360miq.com/stockinfo?code=LYC.AX

● GUZMAN Y GOMEZ (GYG) largely rebounded +5% (+$2.14), closed at $44.75, the best % gain in more than 3 months, also hit a record high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=GYG.AX

● FLETCHER BUILDING (FBU) plummeted -5.5% (-$0.15), closed at $2.6, the worst % loss in 2 months, also a 56-day low. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=FBU.AX

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

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