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ASX Market Update 2024-05-20

360MiQ 0

SP/ASX 200 rose +0.6% (+49.7 pts), closed at 7864 points.

Among the 150 largest-cap stocks, 81 (54%) closed higher. 52% of all ASX stocks ended higher.

In terms of sectors, 5 sectors closed up, 6 sectors closed down, 1 sector remained unchanged, ranging from -1.7% to +2%. 4 sectors outperformed the market. The market was up +0.2%; Basic Materials was up +2%, the best performer; Healthcare was down -1.7%, the worst performer.

● COCHLEAR (COH) largely fell -3.2% (-$10.68), closed at $319.71, the worst % loss in more than 2 months, crossed below MA20 and MA50 ($324.26, $326.62). The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=COH.AX

● PALADIN ENERGY (PDN) spiked +7.6% (+$1.23), closed at $17.48, hit a record high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=PDN.AX

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