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TSX Market Update 2024-05-14

360MiQ 0

SP/TSX slightly fell -0.07% (-15.7 pts), closed at 22243 points, fell 3 days in a row.

Among the 150 largest-cap stocks, 66 (44%) closed higher. For 3 days in a row, SP/TSX fell but more than half of TSX stocks ended higher. Today, 59% of all TSX stocks rose against the index. The market is strong.

In terms of sectors, 5 sectors closed up, 7 sectors closed down, ranging from -0.8% to +1.6%. 5 sectors outperformed the market. The market was down -0.1%; Basic Materials was up +1.6%, the best performer; Technology, Energy were down -0.8%, the worst performers.

● Hudbay Minerals (HBM) jumped +14.1% (+$1.69), closed at $13.71, the best % gain in more than 1.5 years, also hit a record high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=HBM.TO

● GFL Environmental (GFL) largely fell -3.6% (-$1.6), closed at $42.72, the worst % loss in more than 5 months, also hit a YTD low, crossed below MA200 ($44.3). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=GFL.TO

● Enbridge (ENB) fell -2.3% (-$1.18), closed at $50.5, the worst % loss in more than 7 months.
360miq.com/stockinfo?code=ENB.TO

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

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