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ASX Market Update 2024-04-18

360MiQ 0

SP/ASX 200 rose +0.5% (+36.1 pts) after a 5-day losing streak, closed at 7642 points.

Among the 150 largest-cap stocks, 90 (60%) closed higher. 52% of all ASX stocks ended higher.

In terms of sectors, 7 sectors closed up, 3 sectors closed down, 2 sectors remained unchanged, ranging from -0.9% to +0.9%. 4 sectors outperformed the market. The market was up +0.4%; Basic Materials was up +0.9%, the best performer; Utilities was down -0.9%, the worst performer.

● MERCURY NZ (MCY) sank -6% (-$0.38), closed at $5.91, the worst % loss in nearly 4 months, also a 54-day low, crossed below MA20 and MA50 ($6.24, $6.26). The worst performer but with average volume.
360miq.com/stockinfo?code=MCY.AX

● TELIX PHARMACEUTICALS (TLX) largely rebounded +9.4% (+$1.18) after a 3-day losing streak, closed at $13.72, the best % gain in 1 year, also hit a record high, crossed above MA20 ($12.68). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=TLX.AX

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

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