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TSX Market Update 2024-05-24

360MiQ 0

SP/TSX rose +0.5% (+120 pts), closed at 22321 points, fell -0.6% (-144 pts) for the week after a 2-week winning streak.

Among the 150 largest-cap stocks, 104 (69%) closed higher. 62% of all TSX stocks ended higher.

In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -1% to +0.9%. 4 sectors outperformed the market. The market was up +0.6%; Consumer Cyclical was up +0.9%, the best performer; Communication was down -1%, the worst performer.

● Celestica (CLS) soared +5.6% (+$4.27), closed at $80.34, rose 4 days in a row, hit a record high, rose +14.4% (+$10.11) for the week, rose 5 weeks in a row. The best performer today but with average volume.
360miq.com/stockinfo?code=CLS.TO

● Triple Flag Precious Metals Corp (TFPM) largely rose +3.1% (+$0.72), closed at $24.25, rose +2.8% (+$0.66) for the week, rose 3 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=TFPM.TO

● Gildan Activewear (GIL) surged +5.3% (+$2.6), closed at $51.41, the best % gain in 2 months, also hit a YTD high, rose +7.4% (+$3.54) for the week, rose 3 weeks in a row.
360miq.com/stockinfo?code=GIL.TO

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

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