Press "Enter" to skip to content

ASX Market Update 2024-05-29

360MiQ 0

SP/ASX 200 fell -1.3% (-101 pts), closed at 7666 points, the worst % loss in 1 month, crossed below MA20 and MA50 (7761 pts, 7742 pts).

Among the 150 largest-cap stocks, 30 (20%) closed higher. Only 33% of all ASX stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -1.9% to +0.4%. 6 sectors outperformed the market. The market was down -1.1%; Utilities was up +0.4%, but already the best performer, reflecting a decreasing risk appetite; Consumer Defensive was down -1.9%, the worst performer.

● FISHER & PAYKEL HEALTHCARE (FPH) largely rebounded +3.7% (+$0.94), closed at $26.39, the best % gain in 1 month, crossed above MA20 ($26.11). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=FPH.AX

● NEUREN PHARMACEUTICALS (NEU) sank -9.3% (-$2.15), closed at $20.96, the worst % loss in nearly 3 months. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=NEU.AX

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

Got a stock? Ask 360MiQ

  1. Hi, I’m your virtual stock assistant.

    Please enter a stock code or company name with an optional exchange code:

    ▪ AAPL
    ▪ Berkshire Hathaway
    ▪ 7203 TYO

CloseSpeechSendAvatar