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ASX Market Update 2024-01-22

360MiQ 0

SP/ASX 200 rose 0.7% (+55.6 pts), closed at 7477 points, is testing MA20 (7495 pts).

Among the 150 largest-cap stocks, 111 (74%) closed higher. 52% of all ASX stocks ended higher.

In terms of sectors, 9 sectors closed up, 3 sectors closed down, ranging from -0.4% to 1.5%. 7 sectors outperformed the market, the market internal was more positive. The market was up 0.6%; Technology was up 1.5%, the best performer; Basic Materials was down -0.4%, but already the worst performer.

● THE A2 MILK COMPANY (A2M) spiked 6.3% (+$0.27), closed at $4.59, the best % gain in nearly 17 months, also a 99-day high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=A2M.AX

● MINERAL RESOURCES (MIN) plummeted -9.6% (-$5.6), closed at $52.55, fell 7 days in a row, the worst % loss in nearly 9 months, also a 373-day low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=MIN.AX

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

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