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ASX Market Update 2024-10-18

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SP/ASX 200 fell -0.9% (-72.8 pts), closed at 8283 points, the worst % loss in more than 1 month, rose +0.8% (+68 pts) for the week, rose 2 weeks in a row.

Among the 150 largest-cap stocks, 34 (23%) closed higher. 41% of all ASX stocks ended higher.

In terms of sectors, 11 sectors closed down, 1 sector remained unchanged, ranging from -1.8% to 0%. 4 sectors outperformed the market, the market internal was more negative. The market was down -0.8%; Healthcare remained unchanged, but already the best performer; Real Estate was down -1.8%, the worst performer.

● MERCURY NZ (MCY) largely rebounded +5.1% (+$0.31), closed at $6.38, the best % gain in more than 4 months, also a 153-day high, rose +4.6% (+$0.28) for the week, rose 4 weeks in a row. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=MCY.AX

● TELIX PHARMACEUTICALS (TLX) largely rebounded +4.6% (+$0.96), closed at $21.96, hit a record high, rose +3.5% (+$0.74) for the week, rose 6 weeks in a row.
360miq.com/stockinfo?code=TLX.AX

● FLIGHT CENTRE TRAVEL GROUP (FLT) largely retreated -20.4% (-$4.42), closed at $17.2, the worst % loss in nearly 55 months, also hit a YTD low, fell -21.4% (-$4.69) for the week, crossed below MA50 and MA200 ($20.89, $20.64). The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=FLT.AX

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

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