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ASX Market Update 2024-09-19

360MiQ 0

SP/ASX 200 rose +0.6% (+49.9 pts), closed at 8192 points, rose 6 days in a row, hit a record high.

Among the 150 largest-cap stocks, 93 (62%) closed higher. 59% of all ASX stocks ended higher.

In terms of sectors, 8 sectors closed up, 4 sectors closed down, ranging from -0.7% to +1.9%. 5 sectors outperformed the market. The market was up +0.6%; Basic Materials was up +1.9%, the best performer; Industrials was down -0.7%, the worst performer.

● ZIP CO (ZIP) largely rebounded +9.2% (+$0.22), closed at $2.6, hit a YTD high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=ZIP.AX

● PALADIN ENERGY (PDN) jumped +8.1% (+$0.74), closed at $9.88, crossed above MA20 ($9.21).
360miq.com/stockinfo?code=PDN.AX

● ALS (ALQ) tumbled -8.6% (-$1.28), closed at $13.67, the worst % loss in 4 years, also an 85-day low. The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=ALQ.AX

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

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