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ASX Market Update 2025-01-13

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SP/ASX 200 fell -1.2% (-102 pts), closed at 8192 points, fell 3 days in a row, crossed below MA20 (8249 pts).

Among the 150 largest-cap stocks, 36 (24%) closed higher. Only 29% of all ASX stocks ended higher.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -3.8% to +1.2%. 6 sectors outperformed the market. The market was down -1.3%; Energy was up +1.2%, the best performer; Technology was down -3.8%, the worst performer.

● PALADIN ENERGY (PDN) largely rose +3.4% (+$0.27) after a 4-day losing streak, closed at $8.18, crossed above MA20 ($7.96). The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=PDN.AX

● SUMMERSET GROUP (SNZ) largely fell -3.8% (-$0.46), closed at $11.53, fell 3 days in a row, a 47-day low, crossed below MA20 and MA50 ($11.93, $11.81). The largest increase in volume.
360miq.com/stockinfo?code=SNZ.AX

● PREMIER INVESTMENTS (PMV) plummeted -15.9% (-$5.26), closed at $27.78, fell 3 days in a row, the worst % loss in more than 57 months, also a 167-day low, crossed below MA20 and MA200 ($32.57, $31.42). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=PMV.AX

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

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