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ASX Market Update 2024-10-08

360MiQ 0

SP/ASX 200 slightly fell -0.3% (-28.1 pts), closed at 8177 points, is testing MA20 (8161 pts).

Among the 150 largest-cap stocks, 53 (35%) closed higher. 41% of all ASX stocks ended higher.

In terms of sectors, 4 sectors closed up, 8 sectors closed down, ranging from -1.7% to +0.5%. 7 sectors outperformed the market. The market was down -0.4%; Healthcare, Utilities were up +0.5%, the best performers; Basic Materials was down -1.7%, the worst performer.

● GQG PARTNERS (GQG) rose +2.4% (+$0.06), closed at $2.56. The best performer but with average volume.
360miq.com/stockinfo?code=GQG.AX

● QBE INSURANCE GROUP (QBE) fell -2.4% (-$0.4), closed at $16.07, the worst % loss in 2 months, also a 23-day low, crossed below MA50 ($16.29). The largest increase in volume.
360miq.com/stockinfo?code=QBE.AX

● MERCURY NZ (MCY) rose +2.2% (+$0.13), closed at $6.1, a 45-day high.
360miq.com/stockinfo?code=MCY.AX

● IGO (IGO) tanked -5.5% (-$0.32), closed at $5.49, the worst % loss in 2 months. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=IGO.AX

● FORTESCUE (FMG) tumbled -5.3% (-$1.08), closed at $19.27, the worst % loss in more than 2 months.
360miq.com/stockinfo?code=FMG.AX

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

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