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ASX Market Update 2024-08-08

360MiQ 0

SP/ASX 200 slightly fell -0.2% (-18 pts), closed at 7682 points.

Among the 150 largest-cap stocks, 57 (38%) closed higher, 51 of them rose with a lower volume. Only 32% of all ASX stocks ended higher.

In terms of sectors, 4 sectors closed up, 8 sectors closed down, ranging from -2% to +0.8%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.4%; Financial was up +0.8%, the best performer; Basic Materials was down -2%, the worst performer.

● AMP (AMP) spiked +13.3% (+$0.15), closed at $1.28, the best % gain in 45 months, also hit a YTD high, crossed above MA20 ($1.15). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=AMP.AX

● MIRVAC GROUP (MGR) largely retreated -9% (-$0.19), closed at $1.92, the worst % loss in more than 52 months, also a 20-day low, crossed below MA20, MA50 and MA200 ($2.07, $1.95, $2.01). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=MGR.AX

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

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