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ASX Market Update 2024-01-08

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SP/ASX 200 fell -0.5% (-37.5 pts), closed at 7452 points, fell 4 days in a row, is testing MA20 (7435 pts).

Among the 150 largest-cap stocks, 41 (27%) closed higher. Only 31% of all ASX stocks ended higher, the least for 3 months.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -1.3% to 0.8%. 7 sectors outperformed the market. The market was down -0.5%; Utilities was up 0.8%, the best performer; Technology was down -1.3%, the worst performer.

● PALADIN ENERGY (PDN) largely rose 3.4% (+$0.035), closed at $1.05, the best % gain in 1 month, also a 21-day high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=PDN.AX

● NEUREN PHARMACEUTICALS (NEU) largely fell -4.2% (-$1.01), closed at $23.1. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=NEU.AX

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