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ASX Market Update 2024-07-17

360MiQ 0

SP/ASX 200 rose +0.7% (+58.9 pts), closed at 8058 points, hit a record high.

Among the 150 largest-cap stocks, 109 (73%) closed higher. 64% of all ASX stocks ended higher.

In terms of sectors, all sectors were up with gains from +0.1% to +1.4%. 6 sectors outperformed the market. The market was up +0.8%; Industrials was up +1.4%, the best performer; Basic Materials was up +0.1%, but already the worst performer.

● CONTACT ENERGY (CEN) largely retreated -4.6% (-$0.37), closed at $7.66. The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=CEN.AX

● BREVILLE GROUP (BRG) largely rebounded +2.6% (+$0.69), closed at $27.58, the best % gain in 1 month, crossed above MA20 and MA50 ($27.34, $26.98). The largest increase in volume.
360miq.com/stockinfo?code=BRG.AX

● JAMES HARDIE INDUSTRIES (JHX) jumped +6.3% (+$3.18), closed at $53.62, rose 5 days in a row, the best % gain in more than 8 months, also a 40-day high, crossed above MA200 ($51.74). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=JHX.AX

● RELIANCE WORLDWIDE (RWC) spiked +5.8% (+$0.27), closed at $4.94, rose 5 days in a row, the best % gain in nearly 5 months, also a 37-day high, crossed above MA50 ($4.73).
360miq.com/stockinfo?code=RWC.AX

● NEUREN PHARMACEUTICALS (NEU) jumped +5.5% (+$1.15), closed at $22.14, the best % gain in more than 1 month, also a 34-day high.
360miq.com/stockinfo?code=NEU.AX

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

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