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ASX Market Update 2025-02-05

360MiQ 0

SP/ASX 200 rose +0.5% (+42.9 pts), closed at 8417 points.

Among the 150 largest-cap stocks, 111 (74%) closed higher. 60% of all ASX stocks ended higher.

In terms of sectors, 8 sectors closed up, 3 sectors closed down, 1 sector remained unchanged, ranging from -0.6% to +1.6%. 6 sectors outperformed the market. The market was up +0.5%; Basic Materials was up +1.6%, the best performer; Technology was down -0.6%, the worst performer.

● NEWS (NWS) largely rose +2.8% (+$1.47), closed at $53.21, the best % gain in more than 1 month, also hit a record high. The largest increase in volume.
360miq.com/stockinfo?code=NWS.AX

● INSIGNIA FINANCIAL (IFL) largely rebounded +6.9% (+$0.3), closed at $4.62, the best % gain in 1 month, also hit a YTD high, crossed above MA20 ($4.41). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=IFL.AX

● MESOBLAST (MSB) largely retreated -5.3% (-$0.17), closed at $3.02. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=MSB.AX

● MACQUARIE GROUP (MQG) largely fell -3.6% (-$8.64), closed at $229.38, the worst % loss in 6 months, crossed below MA20 ($234.76).
360miq.com/stockinfo?code=MQG.AX

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

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