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ASX Market Update 2024-09-16

360MiQ 0

SP/ASX 200 slightly rose +0.3% (+21.6 pts), closed at 8122 points, rose 3 days in a row, hit a record high.

Among the 150 largest-cap stocks, 73 (49%) closed higher. 55% of all ASX stocks ended higher.

In terms of sectors, 8 sectors closed up, 4 sectors closed down, ranging from -2.1% to +0.9%. 7 sectors outperformed the market. The market was up +0.2%; Communication was up +0.9%, the best performer; Utilities was down -2.1%, the worst performer.

● CONTACT ENERGY (CEN) largely fell -3.3% (-$0.25), closed at $7.25, fell 5 days in a row, a 111-day low. The largest increase in volume.
360miq.com/stockinfo?code=CEN.AX

● ALCOA (AAI) spiked +5.9% (+$2.71), closed at $48.89, rose 3 days in a row, the best % gain in 95 months, crossed above MA20 ($46.59). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=AAI.AX

● TELIX PHARMACEUTICALS (TLX) plummeted -6.5% (-$1.23) after a 4-day winning streak, closed at $17.82, the worst % loss in more than 1 month, crossed below MA20 and MA50 ($18.42, $18.75). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=TLX.AX

● EMERALD RESOURCES NL (EMR) largely retreated -5.9% (-$0.24) after a 4-day winning streak, closed at $3.84, the worst % loss in more than 1 month, crossed below MA20 ($3.89).
360miq.com/stockinfo?code=EMR.AX

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

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