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ASX Market Update 2024-01-24

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SP/ASX 200 slightly rose 0.06% (+4.2 pts), closed at 7519 points, rose 4 days in a row.

Among the 150 largest-cap stocks, 72 (48%) closed higher. 55% of all ASX stocks ended higher.

In terms of sectors, 5 sectors closed up, 6 sectors closed down, 1 sector remained unchanged, ranging from -0.8% to 1.3%. 4 sectors outperformed the market. The market was up 0.1%; Basic Materials was up 1.3%, the best performer; Consumer Defensive was down -0.8%, the worst performer.

● AUB GROUP (AUB) largely retreated -3.8% (-$1.19) after a 3-day winning streak, closed at $29.88, the worst % loss in 10 months. The worst performer but with average volume.
360miq.com/stockinfo?code=AUB.AX

● ILUKA RESOURCES (ILU) surged 8.4% (+$0.56), closed at $7.19, the best % gain in nearly 17 months, also a 42-day high, crossed above MA50 ($6.8). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=ILU.AX

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

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