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ASX Market Update 2025-03-28

360MiQ 0

SP/ASX 200 slightly rose +0.2% (+13 pts), closed at 7982 points, rose +0.6% (+51 pts) for the week, rose 2 weeks in a row.

Among the 150 largest-cap stocks, 83 (55%) closed higher. 50% of all ASX stocks ended higher.

In terms of sectors, 8 sectors closed up, 4 sectors closed down, ranging from -2.4% to +1.8%. 7 sectors outperformed the market, the market internal was more positive. The market was up +0.1%; Utilities was up +1.8%, the best performer, reflecting a more conservative market sentiment; Technology was down -2.4%, the worst performer.

● RAMELIUS RESOURCES (RMS) jumped +6.9% (+$0.16), closed at $2.47, rose 4 days in a row, the best % gain in more than 3 months, rose +12.3% (+$0.27) for the week, rose 2 weeks in a row, crossed above MA20 and MA50 ($2.35, $2.45). The best performer today with a slight decrease in volume.
360miq.com/stockinfo?code=RMS.AX

● SSR MINING (SSR) largely rose +3.5% (+$0.6), closed at $17.7, hit a YTD high, rose +2.1% (+$0.36) for the week, rose 3 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=SSR.AX

● ALCOA (AAI) sank -4.3% (-$2.29), closed at $50.61, fell -7.7% (-$4.21) for the week, crossed below MA20 ($52.53). The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=AAI.AX

● WISETECH GLOBAL (WTC) tanked -4.3% (-$3.61), closed at $80.05, hit a YTD low, fell -5.3% (-$4.45) for the week, fell 7 weeks in a row.
360miq.com/stockinfo?code=WTC.AX

● BLOCK (XYZ) largely fell -3.9% (-$3.69), closed at $90.52, fell 3 days in a row, fell -6.8% (-$6.58) for the week.
360miq.com/stockinfo?code=XYZ.AX

● PRO MEDICUS (PME) largely fell -3.9% (-$8.2), closed at $201.8, fell 4 days in a row, hit a YTD low, fell -9.7% (-$21.78) for the week, fell 3 weeks in a row, crossed below MA200 ($203.08).
360miq.com/stockinfo?code=PME.AX

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

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