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ASX Market Update 2024-10-17

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SP/ASX 200 rose +0.9% (+70.9 pts), closed at 8356 points, hit a record high.

Among the 150 largest-cap stocks, 112 (75%) closed higher. 62% of all ASX stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.2% to +1.6%. 5 sectors outperformed the market. The market was up +0.8%; Industrials, Real Estate were up +1.6%, the best performers; Basic Materials was down -0.2%, but already the worst performer.

● ANEKA TAMBANG (PERSERO) TBK (PT) (ATM) sank -7.2% (-$0.07), closed at $0.9, hit a YTD low. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=ATM.AX

● AUB GROUP (AUB) largely rebounded +3.6% (+$1.12), closed at $32.12, the best % gain in nearly 9 months, also a 42-day high, crossed above MA50 ($31.08). The largest increase in volume.
360miq.com/stockinfo?code=AUB.AX

● AMP (AMP) jumped +17.7% (+$0.24), closed at $1.595, rose 3 days in a row, the best % gain in more than 47 months, also hit a YTD high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=AMP.AX

● PALADIN ENERGY (PDN) largely rebounded +11% (+$1.29), closed at $13.03, the best % gain in more than 1 month, also a 67-day high, crossed above MA200 ($12.7).
360miq.com/stockinfo?code=PDN.AX

● NEXGEN ENERGY (CANADA) (NXG) soared +9.6% (+$1.05), closed at $11.94, the best % gain in more than 6 months, also a 99-day high.
360miq.com/stockinfo?code=NXG.AX

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

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