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ASX Market Update 2024-07-03

360MiQ 0

SP/ASX 200 slightly rose +0.3% (+21.9 pts), closed at 7740 points, is testing MA50 (7743 pts).

Among the 150 largest-cap stocks, 85 (57%) closed higher. 56% of all ASX stocks ended higher.

In terms of sectors, 9 sectors closed up, 3 sectors closed down, ranging from -0.3% to +1.6%. 4 sectors outperformed the market. The market was up +0.4%; Technology was up +1.6%, the best performer, reflecting a more aggressive market sentiment; Financial was down -0.3%, but already the worst performer.

● EBOS GROUP (EBO) largely retreated -3.4% (-$1.03), closed at $28.96, the worst % loss in 1 month, also hit a YTD low. The worst performer but with average volume.
360miq.com/stockinfo?code=EBO.AX

● ALUMINA (AWC) largely rebounded +3.3% (+$0.055), closed at $1.725, crossed above MA20 and MA50 ($1.7, $1.69). The largest increase in volume.
360miq.com/stockinfo?code=AWC.AX

● PALADIN ENERGY (PDN) spiked +6.1% (+$0.76), closed at $13.15, the best % gain in more than 1 month. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=PDN.AX

● STANMORE RESOURCES (SMR) largely rebounded +6% (+$0.22), closed at $3.9, the best % gain in nearly 3 months, also a 111-day high.
360miq.com/stockinfo?code=SMR.AX

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

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