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ASX Market Update 2024-08-19

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SP/ASX 200 slightly rose +0.1% (+9.4 pts), closed at 7980 points, rose 7 days in a row.

Among the 150 largest-cap stocks, 62 (41%) closed higher. 49% of all ASX stocks ended higher.

In terms of sectors, 3 sectors closed up, 8 sectors closed down, the market internal was more negative, ranging from -0.8% to +0.7%. 3 sectors outperformed the market. The market remained unchanged; Financial was up +0.7%, the best performer; Energy, Consumer Defensive were down -0.8%, the worst performers.

● EMERALD RESOURCES NL (EMR) largely rose +3.4% (+$0.13), closed at $3.96, rose 3 days in a row. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=EMR.AX

● WESTPAC BANKING (WBC) rose +2.5% (+$0.74), closed at $30.4, rose 8 days in a row, the best % gain in more than 3 months, also hit a record high.
360miq.com/stockinfo?code=WBC.AX

● THE A2 MILK COMPANY (A2M) largely retreated -18.7% (-$1.31), closed at $5.7, the worst % loss in nearly 44 months, also an 86-day low, crossed below MA20 and MA50 ($6.8, $6.78). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=A2M.AX

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

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