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TSX Market Update 2024-07-10

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SP/TSX rose +1.4% (+307 pts), closed at 22350 points, the best % gain in nearly 5 months, also a 30-day high.

Among the 150 largest-cap stocks, 127 (85%) closed higher. 72% of all TSX stocks ended higher, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.2% to +2.5%. 4 sectors outperformed the market. The market was up +1.4%; Basic Materials was up +2.5%, the best performer; Communication was down -0.2%, but already the worst performer.

● China Gold International Resources Corp (CGG) largely retreated -2.8% (-$0.26), closed at $9. The worst performer but with average volume.
360miq.com/stockinfo?code=CGG.TO

● Perseus Mining (PRU) jumped +4.5% (+$0.1), closed at $2.32, rose 4 days in a row, the best % gain in more than 1 month, also hit a record high. The largest increase in volume.
360miq.com/stockinfo?code=PRU.TO

● Cameco (CCO) spiked +9.4% (+$6.28), closed at $73.11, the best % gain in more than 22 months, also a 20-day high, crossed above MA20 and MA50 ($69.78, $70.47). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=CCO.TO

● NexGen Energy (NXE) jumped +8.7% (+$0.81), closed at $10.17, the best % gain in more than 4 months, also a 25-day high, crossed above MA20, MA50 and MA200 ($9.56, $10.12, $9.63).
360miq.com/stockinfo?code=NXE.TO

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

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