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TSX Market Update 2025-01-15

360MiQ 0

SP/TSX rose +0.8% (+200 pts), closed at 24789 points, the best % gain in nearly 2 months, is testing MA20 (24814 pts).

Among the 150 largest-cap stocks, 111 (74%) closed higher. 81% of all TSX stocks ended higher, the most in nearly 5 months, good for the market.

In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -0.1% to +2%. 3 sectors outperformed the market. The market was up +0.9%; Technology was up +2%, the best performer, reflecting a more aggressive market sentiment; Consumer Defensive was down -0.1%, but already the worst performer.

● Hut 8 Corp (HUT) jumped +9.9% (+$3.38), closed at $37.61, crossed above MA20 and MA50 ($34.71, $34.63). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=HUT.TO

● Eldorado Gold (ELD) largely retreated -4.2% (-$0.94), closed at $21.45, the worst % loss in more than 1 month, crossed below MA20 and MA200 ($22.15, $22.26).
360miq.com/stockinfo?code=ELD.TO

● IAMGOLD (IMG) largely retreated -4.3% (-$0.34), closed at $7.65, the worst % loss in 1 month, crossed below MA20 ($7.71). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=IMG.TO

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

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