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TSX Market Update 2024-03-01

360MiQ 0

SP/TSX rose 0.9% (+188 pts), closed at 21552 points, hit a YTD high, rose 0.6% (+139 pts) for the week, rose 3 weeks in a row.

Among the 150 largest-cap stocks, 112 (75%) closed higher. 77% of all TSX stocks ended higher, the most in more than 2 months, good for the market.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.4% to 2.1%. 5 sectors outperformed the market. The market was up 0.9%; Basic Materials was up 2.1%, the best performer; Consumer Cyclical was down -0.4%, but already the worst performer.

● Sprott Physical Gold and Silver Trust (CEF) rose 2% (+$0.5), closed at $25.67, rose 3 days in a row, the best % gain in more than 2 months, also hit a YTD high, rose 2.5% (+$0.62) for the week. The largest increase in volume today.
360miq.com/stockinfo?code=CEF.TO

● SNC-Lavalin Group (ATRL) surged 11.4% (+$5.21), closed at $51.08, rose 5 days in a row, the best % gain in more than 9 months, also hit a YTD high, rose 17.6% (+$7.65) for the week after a 3-week losing streak. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=ATRL.TO

● NexGen Energy (NXE) jumped 9.5% (+$0.91), closed at $10.48, the best % gain in more than 1 month, rose 13.8% (+$1.27) for the week after a 3-week losing streak, crossed above MA20 and MA50 ($10.02, $9.82).
360miq.com/stockinfo?code=NXE.TO

● Stella-Jones (SJ) plummeted -4.6% (-$3.48), closed at $72.82, hit a YTD low, fell -7.5% (-$5.92) for the week, fell 2 weeks in a row. The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=SJ.TO

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

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