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ASX Market Update 2025-03-11

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SP/ASX 200 fell -0.9% (-71.9 pts), closed at 7890 points, hit a YTD low.

Among the 150 largest-cap stocks, 31 (21%) closed higher. Only 21% of all ASX stocks ended higher, the least in 7 months.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -4.3% to +0.5%. 6 sectors outperformed the market. The market was down -1.2%; Utilities was up +0.5%, the best performer, reflecting a more risk-averse market; Technology was down -4.3%, the worst performer.

● BSP FINANCIAL GROUP (BFL) soared +5.3% (+$0.38), closed at $7.6, the best % gain in more than 1 month, also hit a record high. The best performer with a significant decrease in volume.
360miq.com/stockinfo?code=BFL.AX

● NICKEL INDUSTRIES (NIC) sank -19.9% (-$0.15), closed at $0.605, hit a YTD low, crossed below MA20 ($0.73). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=NIC.AX

● RAMELIUS RESOURCES (RMS) largely retreated -17.2% (-$0.48), closed at $2.31, a 34-day low, crossed below MA20 and MA50 ($2.67, $2.46).
360miq.com/stockinfo?code=RMS.AX

● CAPSTONE COPPER CORP (CSC) plummeted -10.7% (-$0.97), closed at $8.11, hit a record low.
360miq.com/stockinfo?code=CSC.AX

● HMC CAPITAL (HMC) plunged -9.7% (-$0.79), closed at $7.34, fell 6 days in a row, the worst % loss in nearly 3 months, also hit a YTD low.
360miq.com/stockinfo?code=HMC.AX

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

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