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TSX Market Update 2024-02-07

360MiQ 0

SP/TSX slightly rose 0.05% (+11.2 pts), closed at 20969 points, is testing MA20 (20997 pts).

Among the 150 largest-cap stocks, 75 (50%) closed higher. 51% of all TSX stocks ended higher.

In terms of sectors, 4 sectors closed up, 7 sectors closed down, the market internal was more negative, ranging from -2.4% to 2.1%. 4 sectors outperformed the market. The market remained unchanged; Technology was up 2.1%, the best performer, reflecting an increasing risk appetite; Healthcare was down -2.4%, the worst performer.

● Shopify (SHOP) surged 4.3% (+$4.72), closed at $114.69, hit a YTD high. The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=SHOP.TO

● Nuvei (NVEI) largely rose 4.1% (+$1.38), closed at $34.96, rose 3 days in a row, hit a YTD high.
360miq.com/stockinfo?code=NVEI.TO

● Finning International (FTT) sank -9.2% (-$3.65), closed at $36.07, the worst % loss in more than 46 months, also hit a YTD low, crossed below MA20, MA50 and MA200 ($39.35, $37.8, $38.81). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=FTT.TO

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

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