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TSX Market Update 2024-08-30

360MiQ 0

SP/TSX rose +0.5% (+118 pts), closed at 23346 points, rose +0.3% (+60 pts) for the week, rose 4 weeks in a row, rose +1% (+235 pts) for the month.

Among the 150 largest-cap stocks, 96 (64%) closed higher. 56% of all TSX stocks ended higher.

In terms of sectors, 9 sectors closed up, 1 sector closed down, 2 sectors remained unchanged, ranging from -0.3% to +1.3%. 7 sectors outperformed the market, the market internal was more positive. The market was up +0.4%; Technology was up +1.3%, the best performer; Energy was down -0.3%, but already the worst performer.

● Baytex Energy Corp (BTE) largely retreated -3% (-$0.15), closed at $4.8, fell -1.8% (-$0.09) for the week, fell 2 weeks in a row, fell -6.4% (-$0.33) for the month, crossed below MA50 ($4.84). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=BTE.TO

● Capstone Copper Corp (CS) jumped +4.3% (+$0.4) after a 3-day losing streak, closed at $9.67, fell -0.5% (-$0.05) for the week after a 2-week winning streak, rose +4.2% (+$0.39) for the month, crossed above MA50 ($9.41). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=CS.TO

● Stella-Jones (SJ) largely rose +3.6% (+$3.26), closed at $92.8, the best % gain in more than 3 months, also a 20-day high, rose +0.7% (+$0.69) for the week, rose 3 weeks in a row, fell -0.1% (-$0.09) for the month, crossed above MA20 and MA50 ($90.25, $90.68).
360miq.com/stockinfo?code=SJ.TO

● Northland Power (NPI) largely fell -2.6% (-$0.54), closed at $20.63, fell 3 days in a row, an 85-day low, fell -4.9% (-$1.06) for the week, fell 3 weeks in a row, fell -10.7% (-$2.46) for the month.
360miq.com/stockinfo?code=NPI.TO

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

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