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ASX Market Update 2024-10-23

360MiQ 0

SP/ASX 200 slightly rebounded +0.1% (+10 pts), closed at 8216 points, is testing MA20 (8236 pts).

Among the 150 largest-cap stocks, 72 (48%) closed higher. 49% of all ASX stocks ended higher.

In terms of sectors, 6 sectors closed up, 6 sectors closed down, ranging from -0.9% to +1.2%. 5 sectors outperformed the market. The market was up +0.1%; Consumer Defensive was up +1.2%, the best performer, reflecting a more conservative market sentiment; Utilities, Technology were down -0.9%, the worst performers.

● QANTAS AIRWAYS (QAN) largely rose +3.4% (+$0.26), closed at $7.82, the best % gain in nearly 2 months, also hit a record high. The best performer but with average volume.
360miq.com/stockinfo?code=QAN.AX

● MINERAL RESOURCES (MIN) sank -5% (-$1.88), closed at $35.99, a 32-day low. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=MIN.AX

● LENDLEASE GROUP (LLC) rebounded +1.6% (+$0.11), closed at $6.85. The largest increase in volume.
360miq.com/stockinfo?code=LLC.AX

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

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