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ASX Market Update 2024-01-23

360MiQ 0

SP/ASX 200 rose 0.5% (+37.9 pts), closed at 7515 points, rose 3 days in a row, crossed above MA20 (7496 pts).

Among the 150 largest-cap stocks, 91 (61%) closed higher. Despite SP/ASX 200 rising 0.5%, only 49% of all ASX stocks follow suit.

In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -0.2% to 1%. only 2 sectors outperformed the market. The market was up 0.5%; Healthcare was up 1%, the best performer; Real Estate was down -0.2%, but already the worst performer.

● AUB GROUP (AUB) surged 4.6% (+$1.36), closed at $31.07, rose 3 days in a row, the best % gain in more than 5 months, also an 88-day high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=AUB.AX

● STANMORE RESOURCES (SMR) tumbled -6.6% (-$0.27), closed at $3.8, the worst % loss in more than 14 months, also a 22-day low, crossed below MA20 and MA50 ($4.01, $3.87). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=SMR.AX

● IDP EDUCATION (IEL) largely retreated -5.8% (-$1.29), closed at $20.77, the worst % loss in 4 months, crossed below MA50 ($21.69).
360miq.com/stockinfo?code=IEL.AX

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

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