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TSX Market Update 2024-09-20

360MiQ 0

SP/TSX slightly rose +0.01% (+1.55 pts), closed at 23868 points, hit a record high, rose +1.3% (+299 pts) for the week, rose 2 weeks in a row.

Among the 150 largest-cap stocks, 73 (49%) closed higher. 47% of all TSX stocks ended higher.

In terms of sectors, 5 sectors closed up, 5 sectors closed down, 2 sectors remained unchanged, ranging from -0.8% to +0.8%. 5 sectors outperformed the market. The market remained unchanged; Utilities was up +0.8%, the best performer, reflecting a more conservative market sentiment; Industrials was down -0.8%, the worst performer.

● Cameco (CCO) soared +8.1% (+$4.53), closed at $60.23, the best % gain in more than 2 months, also a 34-day high, rose +9.9% (+$5.43) for the week, rose 2 weeks in a row, crossed above MA50 ($57.84). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=CCO.TO

● AltaGas (ALA) largely fell -4.2% (-$1.44), closed at $32.81, fell 3 days in a row, the worst % loss in nearly 23 months, also a 28-day low, fell -6.7% (-$2.35) for the week, crossed below MA20 and MA50 ($34.16, $33.03). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=ALA.TO

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

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