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ASX Market Update 2024-06-19

360MiQ 0

SP/ASX 200 slightly fell -0.1% (-8.3 pts), closed at 7770 points, is testing MA20 (7754 pts).

Among the 150 largest-cap stocks, 61 (41%) closed higher. 46% of all ASX stocks ended higher.

In terms of sectors, 4 sectors closed up, 6 sectors closed down, 2 sectors remained unchanged, ranging from -0.4% to +0.6%. 4 sectors outperformed the market. The market remained unchanged; Consumer Defensive was up +0.6%, the best performer, reflecting a decreasing risk appetite; Technology was down -0.4%, but already the worst performer.

● TELIX PHARMACEUTICALS (TLX) jumped +4.4% (+$0.75), closed at $17.95. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=TLX.AX

● QBE INSURANCE GROUP (QBE) largely fell -4.2% (-$0.78), closed at $17.59, the worst % loss in 7 months, crossed below MA20 and MA50 ($18.04, $17.76).
360miq.com/stockinfo?code=QBE.AX

● BEACH ENERGY (BPT) largely fell -4.2% (-$0.065), closed at $1.465, fell 4 days in a row, the worst % loss in more than 2 months, also hit a YTD low. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=BPT.AX

● RELIANCE WORLDWIDE (RWC) largely fell -4% (-$0.19), closed at $4.56, the worst % loss in 8 months, also an 83-day low.
360miq.com/stockinfo?code=RWC.AX

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

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