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ASX Market Update 2024-10-24

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SP/ASX 200 slightly fell -0.1% (-9.7 pts), closed at 8206 points.

Among the 150 largest-cap stocks, 51 (34%) closed higher. 42% of all ASX stocks ended higher.

In terms of sectors, 5 sectors closed up, 6 sectors closed down, 1 sector remained unchanged, ranging from -2.2% to +1.3%. 7 sectors outperformed the market. The market was down -0.4%; Utilities was up +1.3%, the best performer, reflecting a more conservative market sentiment; Technology was down -2.2%, the worst performer.

● CONTACT ENERGY (CEN) soared +4.7% (+$0.36), closed at $7.99, crossed above MA20 ($7.67). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=CEN.AX

● REECE (REH) tumbled -7.9% (-$2.11), closed at $24.45, the worst % loss in nearly 38 months, also a 77-day low, crossed below MA200 ($26.22). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=REH.AX

● NEWMONT (NEM) plunged -6.3% (-$5.48), closed at $81.87, the worst % loss in 8 months.
360miq.com/stockinfo?code=NEM.AX

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

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