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ASX Market Update 2024-01-02

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SP/ASX 200 rose 0.5% (+36.8 pts), closed at 7628 points, a 601-day high.

Among the 150 largest-cap stocks, 94 (63%) closed higher, 77 of them rose with a lower volume. Despite SP/ASX 200 rising 0.5%, only 48% of all ASX stocks rose with the index.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.9% to 1.4%. 4 sectors outperformed the market. The market was up 0.4%; Energy was up 1.4%, the best performer; Technology was down -0.9%, the worst performer.

● AGL ENERGY (AGL) rose 2.3% (+$0.22), closed at $9.7, rose 4 days in a row, a 21-day high. The largest increase in volume.
360miq.com/stockinfo?code=AGL.AX

● YANCOAL AUSTRALIA (YAL) spiked 4.8% (+$0.24), closed at $5.19, the best % gain in nearly 10 months, also a 61-day high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=YAL.AX

● WHITEHAVEN COAL (WHC) largely rose 4.2% (+$0.31), closed at $7.75, the best % gain in more than 2 months, also a 43-day high.
360miq.com/stockinfo?code=WHC.AX

● BLOCK (SQ2) fell -2.5% (-$2.92) after a 4-day winning streak, closed at $113.78, the worst % loss in nearly 2 months. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=SQ2.AX

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

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