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ASX Market Update 2024-01-30

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SP/ASX 200 slightly rose 0.3% (+22.2 pts), closed at 7600 points, rose 7 days in a row.

Among the 150 largest-cap stocks, 74 (49%) closed higher. 59% of all ASX stocks ended higher.

In terms of sectors, 7 sectors closed up, 5 sectors closed down, ranging from -1% to 3.6%. 5 sectors outperformed the market. The market was up 0.4%; Technology was up 3.6%, the best performer, reflecting a more aggressive market sentiment; Utilities was down -1%, the worst performer.

● NICKEL INDUSTRIES (NIC) spiked 20.8% (+$0.125), closed at $0.725, hit a YTD high, crossed above MA20 and MA50 ($0.64, $0.68). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=NIC.AX

● NETWEALTH GROUP (NWL) plunged -4.4% (-$0.76), closed at $16.58, the worst % loss in more than 3 months. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=NWL.AX

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

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