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TSX Market Update 2024-08-14

360MiQ 0

SP/TSX rose +0.6% (+142 pts), closed at 22760 points, rose 5 days in a row.

Among the 150 largest-cap stocks, 107 (71%) closed higher. 70% of all TSX stocks ended higher, good for the market.

In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -0.8% to +1.8%. 5 sectors outperformed the market. The market was up +0.6%; Technology was up +1.8%, the best performer, reflecting a more aggressive market sentiment; Communication was down -0.8%, the worst performer.

● Element Fleet Management Corp (EFN) surged +5.6% (+$1.45), closed at $27.26, the best % gain in nearly 3 months, also hit a record high, crossed above MA20 ($26.07). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=EFN.TO

● CAE (CAE) soared +5% (+$1.15), closed at $24.13, the best % gain in 1 year.
360miq.com/stockinfo?code=CAE.TO

● Franco-Nevada (FNV) sank -6.3% (-$10.73) after a 4-day winning streak, closed at $160.58, the worst % loss in more than 9 months, also a 35-day low, crossed below MA50 ($167.43). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=FNV.TO

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

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