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ASX Market Update 2024-09-05

360MiQ 0

SP/ASX 200 rebounded +0.4% (+31.4 pts), closed at 7982 points, is testing MA20 (7983 pts).

Among the 150 largest-cap stocks, 82 (55%) closed higher. 51% of all ASX stocks ended higher.

In terms of sectors, 8 sectors closed up, 3 sectors closed down, 1 sector remained unchanged, ranging from -3.2% to +1.7%. 4 sectors outperformed the market. The market was up +0.4%; Real Estate was up +1.7%, the best performer; Energy was down -3.2%, the worst performer.

● NEXTDC (NXT) largely rebounded +8.4% (+$1.35), closed at $17.42, the best % gain in 6 months, crossed above MA20 and MA50 ($17.02, $17.11). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=NXT.AX

● CHALLENGER (CGF) sank -11% (-$0.77), closed at $6.23, the worst % loss in more than 40 months, also a 74-day low, crossed below MA50 and MA200 ($6.83, $6.49). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=CGF.AX

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

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