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ASX Market Update 2024-01-25

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SP/ASX 200 rose 0.5% (+36.4 pts), closed at 7555 points, rose 5 days in a row.

Among the 150 largest-cap stocks, 94 (63%) closed higher. 53% of all ASX stocks ended higher.

In terms of sectors, 8 sectors closed up, 4 sectors closed down, ranging from -2.3% to 1.2%. 4 sectors outperformed the market. The market was up 0.4%; Basic Materials, Healthcare were up 1.2%, the best performers; Technology was down -2.3%, the worst performer.

● MINERAL RESOURCES (MIN) surged 7.1% (+$3.92), closed at $59.39, rose 3 days in a row, the best % gain in nearly 5 months. The best performer but with average volume.
360miq.com/stockinfo?code=MIN.AX

● RESMED (RMD) soared 6.4% (+$1.7), closed at $28.45, the best % gain in nearly 9 months, also a 118-day high, crossed above MA200 ($27.78).
360miq.com/stockinfo?code=RMD.AX

● DOMINO’S PIZZA ENTERPRISES (DMP) tanked -31% (-$17.79), closed at $39.51, a 1119-day low, crossed below MA50 and MA200 ($55.21, $51.19). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=DMP.AX

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

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