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TSX Market Update 2024-01-12

360MiQ 0

SP/TSX slightly rose 0.3% (+72.2 pts), closed at 20990 points, rose 0.2% (+52 pts) for the week.

Among the 150 largest-cap stocks, 79 (53%) closed higher. 67% of all TSX stocks ended higher, good for the market.

In terms of sectors, 7 sectors closed up, 5 sectors closed down, ranging from -1% to 1.7%. 4 sectors outperformed the market. The market was up 0.4%; Basic Materials was up 1.7%, the best performer; Consumer Cyclical was down -1%, the worst performer.

● Galaxy Digital Holdings (GLXY) tanked -5.5% (-$0.58), closed at $10.01, rose 2.6% (+$0.25) for the week after a 2-week losing streak, crossed below MA20 ($10.21). The worst performer today but with average volume.
360miq.com/stockinfo?code=GLXY.TO

● NexGen Energy (NXE) jumped 11.1% (+$1.05), closed at $10.5, the best % gain in more than 16 months, also hit a record high, rose 16.5% (+$1.49) for the week. The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=NXE.TO

● Cameco (CCO) surged 7.1% (+$4.45), closed at $66.96, rose 5 days in a row, the best % gain in more than 2 months, also hit a record high, rose 18.6% (+$10.48) for the week after a 4-week losing streak.
360miq.com/stockinfo?code=CCO.TO

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

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