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ASX Market Update 2024-07-15

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SP/ASX 200 rose +0.7% (+58.6 pts), closed at 8018 points, rose 3 days in a row, hit a record high.

Among the 150 largest-cap stocks, 98 (65%) closed higher. 58% of all ASX stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -1.6% to +2.4%. 3 sectors outperformed the market. The market was up +0.7%; Technology was up +2.4%, the best performer, reflecting an increasing risk appetite; Utilities was down -1.6%, the worst performer.

● CHARTER HALL GROUP (CHC) spiked +4.8% (+$0.58), closed at $12.73, rose 3 days in a row, a 40-day high. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=CHC.AX

● BLOCK (SQ2) largely rose +4.2% (+$4.15), closed at $103.13, the best % gain in more than 2 months, also a 36-day high, crossed above MA50 and MA200 ($100.16, $100.25).
360miq.com/stockinfo?code=SQ2.AX

● MERCURY NZ (MCY) largely fell -2.9% (-$0.18), closed at $6.01, crossed below MA20 and MA50 ($6.06, $6.01). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=MCY.AX

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

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