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ASX Market Update 2024-11-22

360MiQ 0

SP/ASX 200 rose +0.9% (+70.8 pts), closed at 8394 points, rose +1.3% (+109 pts) for the week.

Among the 150 largest-cap stocks, 118 (79%) closed higher. 61% of all ASX stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -2.1% to +2.4%. 5 sectors outperformed the market. The market was up +0.8%; Energy was up +2.4%, the best performer; Technology was down -2.1%, the worst performer.

● THE A2 MILK COMPANY (A2M) spiked +13.3% (+$0.64) after a 3-day losing streak, closed at $5.45, the best % gain in 37 months, rose +13.3% (+$0.64) for the week after a 5-week losing streak, crossed above MA20 ($5.15). The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=A2M.AX

● WISETECH GLOBAL (WTC) plunged -12.4% (-$17.19), closed at $121.74, the worst % loss in 1 month, fell -9.6% (-$12.99) for the week after a 3-week winning streak, crossed below MA20 and MA50 ($128.63, $126.31). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=WTC.AX

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

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