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TSX Market Update 2024-02-05

360MiQ 0

SP/TSX fell -1% (-213 pts), closed at 20872 points, crossed below MA20 (20999 pts).

Among the 150 largest-cap stocks, 24 (16%) closed higher. Only 29% of all TSX stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.2% to -2.1%. 3 sectors outperformed the market. The market was down -1%; Industrials was down -0.2%, but already the best performer; Technology was down -2.1%, the worst performer.

● BRP (DOO) largely rebounded 3.8% (+$3.2), closed at $87.83, the best % gain in more than 1 month. The best performer but with average volume.
360miq.com/stockinfo?code=DOO.TO

● Nuvei (NVEI) largely rebounded 3.7% (+$1.19), closed at $33.51, crossed above MA20 and MA200 ($32.45, $33.07).
360miq.com/stockinfo?code=NVEI.TO

● Champion Iron (CIA) plunged -5.7% (-$0.42), closed at $6.9, the worst % loss in 8 months, crossed below MA20 and MA50 ($7.14, $7.09). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=CIA.TO

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

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