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TSX Market Update 2024-08-16

360MiQ 0

SP/TSX slightly rose +0.09% (+21.6 pts), closed at 23055 points, rose 7 days in a row, rose +3.3% (+744 pts) for the week, rose 2 weeks in a row.

Among the 150 largest-cap stocks, 74 (49%) closed higher. 65% of all TSX stocks ended higher.

In terms of sectors, 4 sectors closed up, 8 sectors closed down, the market internal was more negative, ranging from -0.7% to +1.8%. 3 sectors outperformed the market. The market was up +0.1%; Basic Materials was up +1.8%, the best performer; Industrials, Energy were down -0.7%, the worst performers.

● CAE (CAE) largely retreated -3.4% (-$0.84) after a 3-day winning streak, closed at $23.83, rose +4.4% (+$1) for the week after a 4-week losing streak, crossed below MA20 ($24.06). The worst performer today with a significant decrease in volume.
360miq.com/stockinfo?code=CAE.TO

● Ivanhoe Mines (IVN) spiked +6% (+$0.98), closed at $17.24, rose 3 days in a row, the best % gain in nearly 3 months, rose +11% (+$1.71) for the week after a 4-week losing streak, crossed above MA20 ($16.8). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=IVN.TO

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

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