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ASX Market Update 2024-09-20

360MiQ 0

SP/ASX 200 slightly rose +0.2% (+17.5 pts), closed at 8210 points, rose 7 days in a row, hit a record high, rose +1.4% (+110 pts) for the week, rose 2 weeks in a row.

Among the 150 largest-cap stocks, 81 (54%) closed higher. 56% of all ASX stocks ended higher.

In terms of sectors, 8 sectors closed up, the market internal was more positive, 2 sectors closed down, 2 sectors remained unchanged, ranging from -0.8% to +1.4%. 5 sectors outperformed the market. The market was up +0.2%; Energy was up +1.4%, the best performer; Real Estate was down -0.8%, the worst performer.

● CLARITY PHARMACEUTICALS (CU6) spiked +12.2% (+$0.94), closed at $8.64, rose 4 days in a row, the best % gain in more than 22 months, also hit a record high, rose +14% (+$1.06) for the week, rose 2 weeks in a row. The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=CU6.AX

● TELIX PHARMACEUTICALS (TLX) soared +8.3% (+$1.55), closed at $20.31, the best % gain in more than 2 months, also hit a record high, rose +6.6% (+$1.26) for the week, rose 2 weeks in a row.
360miq.com/stockinfo?code=TLX.AX

● VICINITY CENTRES (VCX) largely retreated -5% (-$0.12), closed at $2.27, the worst % loss in more than 19 months, fell -2.2% (-$0.05) for the week after an 8-week winning streak, crossed below MA20 ($2.29). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=VCX.AX

● PALADIN ENERGY (PDN) largely retreated -4.7% (-$0.46), closed at $9.42, rose +0.5% (+$0.05) for the week, rose 2 weeks in a row.
360miq.com/stockinfo?code=PDN.AX

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

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