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TSX Market Update 2024-02-08

360MiQ 0

SP/TSX slightly fell -0.2% (-49.4 pts), closed at 20920 points.

Among the 150 largest-cap stocks, 61 (41%) closed higher. 39% of all TSX stocks ended higher.

In terms of sectors, 5 sectors closed up, 7 sectors closed down, ranging from -2.7% to 1.5%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.1%; Technology was up 1.5%, the best performer; Communication was down -2.7%, the worst performer.

● Canadian Tire (CTC) plummeted -6.1% (-$16.67), closed at $258.33, the worst % loss in nearly 2 months, crossed below MA20 and MA50 ($269.4, $268.72). The largest increase in volume.
360miq.com/stockinfo?code=CTC.TO

● Galaxy Digital Holdings (GLXY) surged 13.5% (+$1.33), closed at $11.19, rose 3 days in a row, hit a YTD high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=GLXY.TO

● Colliers International Group (CIGI) largely rebounded 9.7% (+$14.35) after a 4-day losing streak, closed at $162.74, the best % gain in 3 months, also a 26-day high, crossed above MA20 and MA50 ($155.54, $154.8).
360miq.com/stockinfo?code=CIGI.TO

● Enerplus (ERF) spiked 8.1% (+$1.57), closed at $20.84, rose 4 days in a row, the best % gain in more than 16 months, also hit a YTD high, crossed above MA50 ($19.89).
360miq.com/stockinfo?code=ERF.TO

● Lightspeed Commerce (LSPD) tanked -24.4% (-$6.43), closed at $19.9, the worst % loss in 27 months, also hit a YTD low, crossed below MA20, MA50 and MA200 ($25, $24.67, $21.54). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=LSPD.TO

● Fairfax Financial (FFH) plummeted -11.9% (-$166.85) after a 3-day winning streak, closed at $1237.55, crossed below MA20 and MA50 ($1334.77, $1258.18).
360miq.com/stockinfo?code=FFH.TO

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

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