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ASX Market Update 2024-07-19

360MiQ 0

SP/ASX 200 fell -0.8% (-65.4 pts), closed at 7972 points, the worst % loss in 1 month, rose +0.2% (+13 pts) for the week, rose 3 weeks in a row.

Among the 150 largest-cap stocks, 39 (26%) closed higher. 35% of all ASX stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -1.9% to +0.8%. 7 sectors outperformed the market. The market was down -0.8%; Utilities was up +0.8%, the best performer; Basic Materials was down -1.9%, the worst performer.

● MERCURY NZ (MCY) largely rebounded +4.9% (+$0.3), closed at $6.41, the best % gain in 1 month, also an 82-day high, rose +3.6% (+$0.22) for the week. The best performer today with a significant decrease in volume.
360miq.com/stockinfo?code=MCY.AX

● BLOCK (SQ2) plunged -4.3% (-$4.58), closed at $102.23, the worst % loss in more than 2 months, rose +3.3% (+$3.25) for the week, rose 5 weeks in a row. The worst performer today with a significant decrease in volume.
360miq.com/stockinfo?code=SQ2.AX

● YANCOAL AUSTRALIA (YAL) largely retreated -4% (-$0.28), closed at $6.71, the worst % loss in 13 months, fell -7.6% (-$0.55) for the week, fell 2 weeks in a row, crossed below MA20 ($6.94).
360miq.com/stockinfo?code=YAL.AX

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

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