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TSX Market Update 2024-09-16

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SP/TSX rose +0.6% (+133 pts), closed at 23702 points, rose 4 days in a row, hit a record high.

Among the 150 largest-cap stocks, 95 (63%) closed higher. 69% of all TSX stocks ended higher, good for the market.

In terms of sectors, 9 sectors closed up, 3 sectors closed down, ranging from -1.4% to +5.2%. 7 sectors outperformed the market, the market internal was more positive. The market was up +0.5%; Healthcare was up +5.2%, the best performer; Communication was down -1.4%, the worst performer.

● Bausch + Lomb (BLCO) soared +13.6% (+$2.9) after a 3-day losing streak, closed at $24.16, the best % gain in nearly 7 months, also hit a YTD high, crossed above MA20 and MA50 ($21.87, $22.05). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=BLCO.TO

● Bausch Health Companies (BHC) jumped +10.6% (+$0.91), closed at $9.51, the best % gain in nearly 16 months, also a 36-day high, crossed above MA50 ($8.61).
360miq.com/stockinfo?code=BHC.TO

● Kinross Gold (K) largely fell -3.7% (-$0.5) after a 5-day winning streak, closed at $12.86. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=K.TO

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

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