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TSX Market Update 2024-01-26

360MiQ 0

SP/TSX slightly rose 0.1% (+23.3 pts), closed at 21125 points, a 433-day high, rose 1% (+218 pts) for the week.

Among the 150 largest-cap stocks, 80 (53%) closed higher. 56% of all TSX stocks ended higher.

In terms of sectors, 7 sectors closed up, 5 sectors closed down, ranging from -0.6% to 0.7%. 5 sectors outperformed the market. The market was up 0.1%; Technology was up 0.7%, the best performer; Basic Materials was down -0.6%, the worst performer.

● Ivanhoe Mines (IVN) largely retreated -3.6% (-$0.54) after a 3-day winning streak, closed at $14.37, the worst % loss in more than 1 month, rose 8.1% (+$1.08) for the week. The worst performer today with a slight decrease in volume.
360miq.com/stockinfo?code=IVN.TO

● Galaxy Digital Holdings (GLXY) jumped 16.7% (+$1.39), closed at $9.72, the best % gain in more than 14 months, rose 13.3% (+$1.14) for the week, crossed above MA20 and MA50 ($9.47, $9.26). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=GLXY.TO

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

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