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ASX Market Update 2024-02-09

360MiQ 0

SP/ASX 200 slightly rose 0.08% (+5.8 pts), closed at 7645 points, rose 3 days in a row, fell -0.7% (-54 pts) for the week after a 2-week winning streak.

Among the 150 largest-cap stocks, 84 (56%) closed higher. 53% of all ASX stocks ended higher.

In terms of sectors, 7 sectors closed up, the market internal was more positive, 3 sectors closed down, 2 sectors remained unchanged, ranging from -1.2% to 1.1%. 5 sectors outperformed the market. The market was up 0.1%; Communication, Technology were up 1.1%, the best performers; Utilities was down -1.2%, the worst performer.

● BORAL (BLD) jumped 8.3% (+$0.45), closed at $5.86, rose 3 days in a row, the best % gain in 6 months, also hit a YTD high, rose 10.4% (+$0.55) for the week, rose 2 weeks in a row. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=BLD.AX

● UNIBAIL-RODAMCO-WESTFIELD (URW) jumped 7.3% (+$0.4), closed at $5.86, rose 3 days in a row, the best % gain in nearly 32 months, also hit a YTD high, rose 7.5% (+$0.41) for the week. The largest increase in volume today.
360miq.com/stockinfo?code=URW.AX

● PALADIN ENERGY (PDN) sank -7% (-$0.1), closed at $1.325, the worst % loss in more than 8 months, fell -4% (-$0.055) for the week. The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=PDN.AX

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

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