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TSX Market Update 2024-09-13

360MiQ 0

SP/TSX rose +0.4% (+93.7 pts), closed at 23569 points, rose 3 days in a row, hit a record high, rose +3.5% (+788 pts) for the week.

Among the 150 largest-cap stocks, 111 (74%) closed higher. 76% of all TSX stocks ended higher, good for the market.

In terms of sectors, 9 sectors closed up, 3 sectors closed down, ranging from -0.5% to +2%. 5 sectors outperformed the market. The market was up +0.4%; Real Estate was up +2%, the best performer; Consumer Defensive was down -0.5%, the worst performer.

● Endeavour Mining (EDV) spiked +8.8% (+$2.7), closed at $33.33, rose 5 days in a row, the best % gain in 44 months, also hit a YTD high, rose +20.9% (+$5.76) for the week after a 2-week losing streak. The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=EDV.TO

● New Gold (NGD) soared +7.4% (+$0.29), closed at $4.19, rose 5 days in a row, hit a YTD high, rose +32.2% (+$1.02) for the week after a 2-week losing streak.
360miq.com/stockinfo?code=NGD.TO

● Definity Financial (DFY) largely fell -2.9% (-$1.45), closed at $49.04, the worst % loss in 4 months, also a 22-day low, fell -1.4% (-$0.7) for the week, fell 2 weeks in a row, crossed below MA20 ($49.84). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=DFY.TO

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

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