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ASX Market Update 2024-08-01

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SP/ASX 200 slightly rose +0.3% (+22.7 pts), closed at 8115 points, hit a record high.

Among the 150 largest-cap stocks, 94 (63%) closed higher. 57% of all ASX stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.3% to +2.4%. 5 sectors outperformed the market. The market was up +0.4%; Utilities was up +2.4%, the best performer, reflecting a more conservative market sentiment; Financial was down -0.3%, but already the worst performer.

● CONTACT ENERGY (CEN) soared +5.4% (+$0.42), closed at $8.19, crossed above MA20 and MA50 ($7.8, $8.17). The best performer with a significant decrease in volume.
360miq.com/stockinfo?code=CEN.AX

● AGL ENERGY (AGL) rose +1.7% (+$0.18), closed at $10.56, the best % gain in nearly 2 months, crossed above MA20 and MA50 ($10.38, $10.44). The largest increase in volume.
360miq.com/stockinfo?code=AGL.AX

● RED 5 (RED) largely retreated -5.1% (-$0.02), closed at $0.37, the worst % loss in 1 month. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=RED.AX

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

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