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ASX Market Update 2025-01-31

360MiQ 0

SP/ASX 200 rose +0.5% (+38.3 pts), closed at 8532 points, rose 3 days in a row, hit a record high, rose +1.5% (+123 pts) for the week, rose 4 weeks in a row, rose +4.6% (+373 pts) for the month.

Among the 150 largest-cap stocks, 102 (68%) closed higher. 64% of all ASX stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -1.7% to +1.4%. 3 sectors outperformed the market. The market was up +0.6%; Basic Materials was up +1.4%, the best performer; Utilities was down -1.7%, the worst performer.

● EMERALD RESOURCES NL (EMR) soared +4.6% (+$0.19), closed at $4.33, rose 3 days in a row, hit a YTD high, rose +14.9% (+$0.56) for the week, rose 4 weeks in a row, rose +33.2% (+$1.08) for the month. The best performer today but with average volume.
360miq.com/stockinfo?code=EMR.AX

● ORIGIN ENERGY (ORG) tanked -6.7% (-$0.75), closed at $10.45, the worst % loss in more than 5 months, also hit a YTD low, fell -8% (-$0.91) for the week after a 6-week winning streak, fell -4.1% (-$0.45) for the month, crossed below MA20 and MA50 ($11.11, $10.87). The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=ORG.AX

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

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