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TSX Market Update 2024-08-06

360MiQ 0

SP/TSX fell -1.1% (-249 pts), closed at 21979 points, fell 3 days in a row, a 23-day low.

Among the 150 largest-cap stocks, 38 (25%) closed higher. Only 19% of all TSX stocks ended higher, the least in more than 5 months.

In terms of sectors, 11 sectors closed down, 1 sector remained unchanged, ranging from -3.2% to 0%. 6 sectors outperformed the market. The market was down -1.2%; Real Estate remained unchanged, but already the best performer; Basic Materials was down -3.2%, the worst performer.

● Quebecor (QBR-A) largely rebounded +4.5% (+$1.38), closed at $32.38, a 42-day high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=QBR-A.TO

● RB Global (RBA) largely rebounded +4.2% (+$4.36), closed at $108.12, the best % gain in nearly 2 months, crossed above MA50 ($106.45).
360miq.com/stockinfo?code=RBA.TO

● Endeavour Mining (EDV) plunged -9.5% (-$2.79), closed at $26.7, the worst % loss in 7 months, also a 90-day low, crossed below MA200 ($27.68). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=EDV.TO

● Curaleaf Holdings (CURA) tanked -7.4% (-$0.37), closed at $4.64, fell 5 days in a row, the worst % loss in more than 1 month, also hit a YTD low.
360miq.com/stockinfo?code=CURA.TO

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

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