By the end of the trading session on 12 March 2024, the benchmark index S&P/ASX 200 ended higher by 0.11% and settled at 7,712.50. Out of 11 sectors, 05 closed lower along with the ASX 200.

Information Technology and Utilities were the top-gaining sectors, gaining 1.03% and 0.89% respectively in their index values. Energy and Industrials were the top-losing sectors, losing 0.97% and 0.39% respectively in their index values.

Bellevue Gold Limited (ASX: BGL) and Strike Energy Limited (ASX: STX) were the top gainers, with 10.309% and 9.523% growth in share prices, respectively. On the other hand, Coronado Global Limited (ASX: CRN) and Whitehaven Coal Limited (ASX: WHC) were the top losers, with 3.907% and 3.552% drop in share prices, respectively.

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Top gainer for the day:

• Information Technology (Up 1.03%)


• Utilities (Up 0.89%)

Top loser for the day:

• Energy (Down 0.97%)


• Industrials (Down 0.39%)

Other Factors influencing the market:

• Pilbara Minerals increased by 4.3% to $4.17 after securing a new offtake agreement with Sichuan Yahua Industrial Group.


• Bellevue Gold experienced the highest growth on the ASX 200, rising by 10.3% to $1.605 following a production update.


• Southern Cross Gold surged by 20.2% to $2.05 due to its intentions to list on a Canadian stock exchange.


• Alumina saw a significant jump of over 8% to $1.275 after Alcoa, a US aluminium giant, finalized its $3.3 billion all-stock bid.


• The Australian dollar remained stable at US66.15¢ despite a sharp correction in the iron ore price, which typically impacts Australia's export earnings significantly.


• The Dow closed with a slight increase of 0.12%, while the S&P 500 and NASDAQ experienced marginal decreases of 0.11% and 0.41% respectively.


• The Hang Seng index rose by 2.18%, and the FTSE 100 saw a minor increase of 0.12% during the trading day.

Top 5 Gainers and Losers Scoreboard:

90-Day Average Volume Outlier:

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