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ASX Market Update 2023-07-24

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SP/ASX 200 slightly fell -0.1% (-7.6 pts), closed at 7306 points.

Among the 150 largest-cap stocks, 95 (63%) closed higher. 50% of all ASX stocks ended higher.

In terms of sectors, 8 sectors closed up, the market internal was more positive, 4 sectors closed down, ranging from -1.5% to 1.5%. 8 sectors outperformed the market. The market was down -0.1%; Energy was up 1.5%, the best performer; Basic Materials was down -1.5%, the worst performer.

● TELIX PHARMACEUTICALS (TLX) surged 7.7% (+$0.8), closed at $11.16, the best % gain in 3 months, is testing MA20 ($11.16). The best performer with a significant decrease in volume.
360miq.com/stockinfo?code=TLX.AX

● MERIDIAN ENERGY (MEZ) rose 1.2% (+$0.06), closed at $5.11, crossed above MA20 ($5.09). The largest increase in volume.
360miq.com/stockinfo?code=MEZ.AX

● PILBARA MINERALS (PLS) tanked -5.7% (-$0.28), closed at $4.59, fell 4 days in a row, the worst % loss in nearly 3 months, also a 33-day low, crossed below MA50 ($4.83). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=PLS.AX

● ALLKEM (AKE) tanked -5.6% (-$0.89), closed at $15.06, the worst % loss in more than 4 months, also a 34-day low, crossed below MA50 ($15.69).
360miq.com/stockinfo?code=AKE.AX

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

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