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TSX Market Update 2024-05-10

360MiQ 0

SP/TSX slightly fell -0.3% (-67.1 pts), closed at 22309 points, rose +1.6% (+362 pts) for the week.

Among the 150 largest-cap stocks, 81 (54%) closed higher. 51% of all TSX stocks ended higher.

In terms of sectors, 4 sectors closed up, 7 sectors closed down, 1 sector remained unchanged, the market internal was more negative, ranging from -3% to +0.4%. 7 sectors outperformed the market. The market was down -0.3%; Consumer Cyclical, Consumer Defensive were up +0.4%, but already the best performers; Technology was down -3%, the worst performer.

● Definity Financial (DFY) largely fell -3.1% (-$1.43), closed at $45.11, the worst % loss in more than 1 month, fell -2% (-$0.94) for the week after a 5-week winning streak, crossed below MA20 ($45.36). The largest increase in volume today.
360miq.com/stockinfo?code=DFY.TO

● RB Global (RBA) spiked +4.8% (+$4.8), closed at $104.53, rose 4 days in a row, the best % gain in more than 2 months, also a 33-day high, rose +5.8% (+$5.73) for the week, crossed above MA50 ($101.41). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=RBA.TO

● NexGen Energy (NXE) largely retreated -10.5% (-$1.16), closed at $9.85, a 39-day low, fell -13.1% (-$1.48) for the week after a 2-week winning streak, crossed below MA20 and MA50 ($10.85, $10.68). The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=NXE.TO

● Baytex Energy Corp (BTE) tanked -8% (-$0.41), closed at $4.72, the worst % loss in more than 2 months, also a 31-day low, fell -2.1% (-$0.1) for the week, fell 2 weeks in a row, crossed below MA20, MA50 and MA200 ($5.07, $4.89, $5).
360miq.com/stockinfo?code=BTE.TO

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

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