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ASX Market Update 2024-07-26

360MiQ 0

SP/ASX 200 rebounded +0.8% (+60.3 pts), closed at 7921 points, fell -0.6% (-51 pts) for the week after a 3-week winning streak, crossed above MA20 (7893 pts).

Among the 150 largest-cap stocks, 106 (71%) closed higher. 56% of all ASX stocks ended higher.

In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -0.8% to +1.1%. 4 sectors outperformed the market. The market was up +0.6%; Real Estate was up +1.1%, the best performer; Utilities was down -0.8%, the worst performer.

● PILBARA MINERALS (PLS) largely rose +3.8% (+$0.11), closed at $2.98, the best % gain in nearly 3 months, fell -0.3% (-$0.01) for the week, fell 2 weeks in a row, is testing MA20 ($2.98). The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=PLS.AX

● RIO TINTO (RIO) largely rebounded +2.7% (+$3.1), closed at $115.91, the best % gain in 2 months, rose +1.7% (+$1.92) for the week after a 2-week losing streak.
360miq.com/stockinfo?code=RIO.AX

● RED 5 (RED) tanked -5.1% (-$0.02), closed at $0.375, the worst % loss in 1 month, fell -7.4% (-$0.03) for the week, fell 2 weeks in a row. The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=RED.AX

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

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