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TSX Market Update 2024-01-18

360MiQ 0

SP/TSX slightly rebounded 0.3% (+61.7 pts), closed at 20757 points.

Among the 150 largest-cap stocks, 90 (60%) closed higher. 58% of all TSX stocks ended higher.

In terms of sectors, 7 sectors closed up, the market internal was more positive, 4 sectors closed down, 1 sector remained unchanged, ranging from -0.7% to 1.6%. 4 sectors outperformed the market. The market was up 0.3%; Consumer Defensive was up 1.6%, the best performer, reflecting a more risk-averse market; Utilities, Technology were down -0.7%, the worst performers.

● Quebecor (QBR-A) largely rebounded 4.3% (+$1.43), closed at $35, the best % gain in more than 2 months, crossed above MA20 ($34.48). The best performer with a significant decrease in volume.
360miq.com/stockinfo?code=QBR-A.TO

● Galaxy Digital Holdings (GLXY) tumbled -7% (-$0.65), closed at $8.57, fell 6 days in a row, a 31-day low, crossed below MA50 ($9.16). The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=GLXY.TO

● ONEX (ONEX) largely rose 4.1% (+$3.92), closed at $99.92, rose 4 days in a row, the best % gain in more than 7 months, also a 1633-day high.
360miq.com/stockinfo?code=ONEX.TO

● GFL Environmental (GFL) largely rose 4.2% (+$1.82), closed at $45.66, the best % gain in 1 month, crossed above MA20 and MA200 ($44.27, $45.3).
360miq.com/stockinfo?code=GFL.TO

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

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