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TSX Market Update 2024-09-03

360MiQ 0

SP/TSX fell -1.3% (-304 pts), closed at 23042 points, the worst % loss in 1 month.

Among the 150 largest-cap stocks, 38 (25%) closed higher. Only 29% of all TSX stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -3.9% to +1.3%. 7 sectors outperformed the market. The market was down -1.4%; Communication was up +1.3%, the best performer; Basic Materials was down -3.9%, the worst performer.

● First Quantum Minerals (FM) largely retreated -13.8% (-$2.34), closed at $14.63, the worst % loss in 10 months, crossed below MA20 and MA200 ($16.26, $14.95). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=FM.TO

● Lundin Mining (LUN) largely retreated -12.5% (-$1.75), closed at $12.23, the worst % loss in more than 32 months, crossed below MA20 and MA200 ($13.18, $13.06).
360miq.com/stockinfo?code=LUN.TO

● Capstone Copper Corp (CS) largely retreated -11.2% (-$1.08), closed at $8.59, the worst % loss in more than 39 months, crossed below MA20 and MA50 ($9.08, $9.39).
360miq.com/stockinfo?code=CS.TO

● Baytex Energy Corp (BTE) tumbled -7.3% (-$0.35), closed at $4.45, the worst % loss in 1 month, crossed below MA20 and MA200 ($4.76, $4.68).
360miq.com/stockinfo?code=BTE.TO

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

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