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ASX Market Update 2024-10-04

360MiQ 0

SP/ASX 200 fell -0.7% (-55 pts), closed at 8150 points, fell -0.8% (-62 pts) for the week after a 3-week winning streak, is testing MA20 (8142 pts).

Among the 150 largest-cap stocks, 56 (37%) closed higher. 45% of all ASX stocks ended higher.

In terms of sectors, 2 sectors closed up, 8 sectors closed down, 2 sectors remained unchanged, ranging from -1.1% to +1.6%. 8 sectors outperformed the market. The market was down -0.6%; Energy was up +1.6%, the best performer; Basic Materials was down -1.1%, the worst performer.

● VIVA ENERGY GROUP (VEA) largely rose +3.1% (+$0.09), closed at $3.02, the best % gain in 2 months, also a 32-day high, rose +4.1% (+$0.12) for the week, rose 4 weeks in a row, crossed above MA50 ($2.95). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=VEA.AX

● GQG PARTNERS (GQG) plummeted -4.8% (-$0.13), closed at $2.58, fell 4 days in a row, fell -8.2% (-$0.23) for the week after a 3-week winning streak, crossed below MA20 and MA50 ($2.65, $2.68). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=GQG.AX

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

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