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TSX Market Update 2024-05-28

360MiQ 0

SP/TSX fell -0.5% (-108 pts), closed at 22265 points, is testing MA20 (22212 pts).

Among the 150 largest-cap stocks, 58 (39%) closed higher. 35% of all TSX stocks ended higher.

In terms of sectors, 4 sectors closed up, 8 sectors closed down, ranging from -1.9% to +1%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.4%; Energy was up +1%, the best performer; Industrials was down -1.9%, the worst performer.

● Quebecor (QBR-A) largely fell -3.3% (-$1), closed at $29, crossed below MA20 ($29.57). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=QBR-A.TO

● Baytex Energy Corp (BTE) spiked +5.2% (+$0.25), closed at $5.04, rose 3 days in a row, crossed above MA20, MA50 and MA200 ($4.84, $4.98, $4.97). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=BTE.TO

● Boardwalk Real Estate Investment Trust (BEI-UN) largely fell -3.1% (-$2.19), closed at $68.78, the worst % loss in more than 3 months, also an 89-day low, crossed below MA200 ($70.19).
360miq.com/stockinfo?code=BEI-UN.TO

● Canadian Pacific Kansas City (CP) largely fell -3.1% (-$3.4), closed at $106.13, the worst % loss in 1 month, also an 82-day low, crossed below MA200 ($107.47).
360miq.com/stockinfo?code=CP.TO

● Canadian National Railway (CNR) largely fell -2.8% (-$4.91), closed at $169.35, the worst % loss in 1 month, crossed below MA20 ($171.73).
360miq.com/stockinfo?code=CNR.TO

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

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