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ASX Market Update 2023-10-24

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SP/ASX 200 slightly rose 0.2% (+12.9 pts) after a 3-day losing streak, closed at 6857 points.

Among the 150 largest-cap stocks, 63 (42%) closed higher. 46% of all ASX stocks ended higher.

In terms of sectors, 6 sectors closed up, 5 sectors closed down, 1 sector remained unchanged, ranging from -1% to 1%. 4 sectors outperformed the market. The market was up 0.1%; Basic Materials was up 1%, the best performer; Consumer Defensive was down -1%, the worst performer.

● LYNAS RARE EARTHS (LYC) largely rebounded 12.6% (+$0.76) after a 4-day losing streak, closed at $6.835, the best % gain in 32 months, also a 23-day high, crossed above MA20 ($6.59). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=LYC.AX

● RESMED (RMD) largely retreated -2.6% (-$0.61) after a 4-day winning streak, closed at $22.83, crossed below MA20 ($22.86). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=RMD.AX

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

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