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TSX Market Update 2024-01-31

360MiQ 0

SP/TSX fell -1% (-206 pts) after a 4-day winning streak, closed at 21022 points, rose 0.3% (+64 pts) for the month, is testing MA20 (20989 pts).

Among the 150 largest-cap stocks, 23 (15%) closed higher. Only 33% of all TSX stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.3% to -1.6%. 5 sectors outperformed the market. The market was down -1%; Industrials was down -0.3%, but already the best performer; Technology was down -1.6%, the worst performer.

● First Quantum Minerals (FM) plunged -4.7% (-$0.6) after a 4-day winning streak, closed at $12.2, rose 12.4% (+$1.35) for the month, crossed below MA20 ($12.72). The worst performer today but with average volume.
360miq.com/stockinfo?code=FM.TO

● Canadian Western Bank (CWB) fell -1.5% (-$0.44), closed at $29.61, hit a YTD low, fell -4.1% (-$1.26) for the month. The largest increase in volume today.
360miq.com/stockinfo?code=CWB.TO

● Celestica (CLS) jumped 4.3% (+$1.89), closed at $46.21, rose 6 days in a row, hit a record high, rose 19.1% (+$7.4) for the month. The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=CLS.TO

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

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