By the end of the trading session on 28 March 2024, the benchmark index S&P/ASX 200 ended higher by 0.99% and settled at 7,896.90. All 11 sectors closed higher along with the ASX 200.

Materials and A-REIT were the top-gaining sectors, gaining 1.91% and 1.65% respectively in their index values.

Strike Energy Limited (ASX: STX) and Arcadium Lithium Limited (ASX: LTM) were the top gainers, with 8.333% and 8.306% growth in share prices, respectively. On the other hand, Fisher and Paykel Limited (ASX: FPH) and Audinate Group Limited (ASX: AD8) were the top losers, with 2.754% and 2.150% drop in share prices, respectively.

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Top gainer for the day:

• Materials (Up 1.91%)


• A-REIT (Up 1.65%)

  Other Factors influencing the market:

• Ramsay Health Care's stock dipped to $56.24, following Citi's advisory that the tariff hikes for its hospitals in France fell short of expectations.


• Beach Energy's stock climbed 6% to $1.88, following the announcement of a 30% workforce reduction as a component of its organizational overhaul.


• The US dollar is purchasing ¥151.3, bringing the Japanese yen close to a 34-year trough. This rate is keenly monitored by traders as an indicator of global economic imbalances.


• Commonwealth Bank interprets a 1.6% annual increase in retail sales up to February as an indication that spending per individual is significantly declining.


• Market updates show the Dow Jones Industrial Average up by 1.22%, the S&P 500 increasing by 0.86%, and the NASDAQ gaining 0.51%.


• International indices report the Hang Seng Index rising by 1.60%, while the FTSE 100 sees a marginal gain of 0.01%.

Top 5 Gainers and Losers Scoreboard:

90-Day Average Volume Outlier:

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