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ASX Market Update 2024-08-14

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SP/ASX 200 slightly rose +0.3% (+23.7 pts), closed at 7851 points, rose 4 days in a row, crossed above MA50 (7840 pts).

Among the 150 largest-cap stocks, 100 (67%) closed higher. 63% of all ASX stocks ended higher.

In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -1.5% to +1.8%. 7 sectors outperformed the market, the market internal was more positive. The market was up +0.4%; Technology was up +1.8%, the best performer, reflecting a more aggressive market sentiment; Basic Materials was down -1.5%, the worst performer.

● GUZMAN Y GOMEZ (GYG) rebounded +1.8% (+$0.54), closed at $30.14. The largest increase in volume.
360miq.com/stockinfo?code=GYG.AX

● PRO MEDICUS (PME) spiked +7.2% (+$9.41), closed at $141, rose 4 days in a row, the best % gain in nearly 6 months, crossed above MA20 and MA50 ($133.66, $133.87). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=PME.AX

● EVOLUTION MINING (EVN) soared +6.6% (+$0.25), closed at $4.06, rose 4 days in a row, the best % gain in nearly 4 months, crossed above MA20 ($3.93).
360miq.com/stockinfo?code=EVN.AX

● SUMMERSET GROUP (SNZ) surged +6.1% (+$0.62), closed at $10.86, a 123-day high.
360miq.com/stockinfo?code=SNZ.AX

● MINERAL RESOURCES (MIN) sank -4.6% (-$2.25), closed at $46.33, fell 3 days in a row, the worst % loss in nearly 2 months, also hit a YTD low. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=MIN.AX

● FORTESCUE (FMG) plunged -4.6% (-$0.84), closed at $17.32, fell 3 days in a row, hit a YTD low.
360miq.com/stockinfo?code=FMG.AX

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

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