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ASX Market Update 2024-10-15

360MiQ 0

SP/ASX 200 rose +0.8% (+65.4 pts), closed at 8318 points, hit a record high.

Among the 150 largest-cap stocks, 109 (73%) closed higher. 61% of all ASX stocks ended higher.

In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -1% to +1.7%. 5 sectors outperformed the market. The market was up +0.8%; Technology was up +1.7%, the best performer, reflecting an increasing risk appetite; Energy was down -1%, the worst performer.

● FLETCHER BUILDING (FBU) largely rose +3.5% (+$0.1), closed at $2.92. The best performer but with average volume.
360miq.com/stockinfo?code=FBU.AX

● EMERALD RESOURCES NL (EMR) largely rose +3.5% (+$0.14), closed at $4.16, the best % gain in 1 month, also hit a record high.
360miq.com/stockinfo?code=EMR.AX

● LOVISA (LOV) largely rose +3.5% (+$1.23), closed at $36.19, crossed above MA20 ($35.46).
360miq.com/stockinfo?code=LOV.AX

● IDP EDUCATION (IEL) tumbled -7.4% (-$1.1), closed at $13.69, the worst % loss in more than 4 months, also a 49-day low. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=IEL.AX

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

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