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ASX Market Update 2024-10-29

360MiQ 0

SP/ASX 200 rose +0.4% (+30.1 pts), closed at 8252 points, rose 3 days in a row, crossed above MA20 (8236 pts).

Among the 150 largest-cap stocks, 80 (53%) closed higher. 54% of all ASX stocks ended higher.

In terms of sectors, 7 sectors closed up, the market internal was more positive, 3 sectors closed down, 2 sectors remained unchanged, ranging from -0.7% to +1.2%. 5 sectors outperformed the market. The market was up +0.3%; Technology was up +1.2%, the best performer; Healthcare was down -0.7%, the worst performer.

● FISHER & PAYKEL HEALTHCARE (FPH) largely fell -2.8% (-$0.96), closed at $32.77, crossed below MA20 and MA50 ($33.27, $33.47). The largest increase in volume.
360miq.com/stockinfo?code=FPH.AX

● ZIP CO (ZIP) surged +11.8% (+$0.33), closed at $3.12, the best % gain in 2 months, also hit a YTD high, crossed above MA20 ($2.85). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=ZIP.AX

● PREMIER INVESTMENTS (PMV) largely rebounded +9.9% (+$3.06) after a 5-day losing streak, closed at $33.94, the best % gain in more than 14 months, also a 30-day high, crossed above MA20 and MA50 ($31.49, $32.6).
360miq.com/stockinfo?code=PMV.AX

● PALADIN ENERGY (PDN) tanked -4.9% (-$0.51), closed at $9.85, fell 7 days in a row, a 30-day low. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=PDN.AX

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

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