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ASX Market Update 2024-11-06

360MiQ 0

SP/ASX 200 rose +0.8% (+67.5 pts), closed at 8200 points, crossed above MA50 (8165 pts).

Among the 150 largest-cap stocks, 104 (69%) closed higher. 59% of all ASX stocks ended higher.

In terms of sectors, 8 sectors closed up, 3 sectors closed down, 1 sector remained unchanged, ranging from -0.6% to +2.4%. 5 sectors outperformed the market. The market was up +0.9%; Technology was up +2.4%, the best performer, reflecting an increasing risk appetite; Energy was down -0.6%, the worst performer.

● ANEKA TAMBANG (PERSERO) TBK (PT) (ATM) sank -9.5% (-$0.09), closed at $0.86, hit a YTD low. The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=ATM.AX

● EBOS GROUP (EBO) largely rose +2.6% (+$0.86), closed at $33.61, crossed above MA20 and MA50 ($33.34, $33.38). The largest increase in volume.
360miq.com/stockinfo?code=EBO.AX

● ZIP CO (ZIP) largely rebounded +6.4% (+$0.19), closed at $3.14, hit a YTD high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=ZIP.AX

● BLUESCOPE STEEL (BSL) jumped +5.7% (+$1.17), closed at $21.73, the best % gain in more than 2.5 years, crossed above MA20, MA50 and MA200 ($21.25, $21.14, $21.25).
360miq.com/stockinfo?code=BSL.AX

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

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