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TSX Market Update 2024-02-13

360MiQ 0

SP/TSX largely fell -2.3% (-482 pts), closed at 20585 points, the worst % loss in more than 16 months, also hit a YTD low, crossed below MA20 and MA50 (20980 pts, 20826 pts).

Among the 150 largest-cap stocks, 12 (8%) closed higher. Only 17% of all TSX stocks ended higher, the least for more than 11 months.

In terms of sectors, all sectors were down with losses from -0.8% to -6.7%. 8 sectors outperformed the market. The market was down -2.2%; Industrials was down -0.8%, but already the best performer; Technology sank -6.7%, the worst performer.

● Restaurant Brands International Limited Partnership (QSP-UN) largely fell -3.5% (-$3.68), closed at $101.22, the worst % loss in 5 months. The largest increase in volume.
360miq.com/stockinfo?code=QSP-UN.TO

● Waste Connections (WCN) rebounded 2.3% (+$4.72), closed at $212.36, the best % gain in 2 months. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=WCN.TO

● Shopify (SHOP) tanked -12.5% (-$15.04), closed at $104.85, the worst % loss in nearly 1 year, crossed below MA20 and MA50 ($110.49, $105.56). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=SHOP.TO

● Eldorado Gold (ELD) tanked -7.3% (-$1.16), closed at $14.73, fell 5 days in a row, the worst % loss in more than 8 months, also hit a YTD low.
360miq.com/stockinfo?code=ELD.TO

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

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