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TSX Market Update 2024-02-14

360MiQ 0

SP/TSX rebounded 1.5% (+304 pts), closed at 20889 points, the best % gain in 2 months, crossed above MA50 (20834 pts).

Among the 150 largest-cap stocks, 114 (76%) closed higher. 75% of all TSX stocks ended higher, the most in 2 months, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.3% to 3.3%. 6 sectors outperformed the market. The market was up 1.5%; Technology was up 3.3%, the best performer; Energy was down -0.3%, but already the worst performer.

● Definity Financial (DFY) largely rose 3.4% (+$1.28), closed at $39.27, the best % gain in 6 months, crossed above MA20 ($38.75). The largest increase in volume.
360miq.com/stockinfo?code=DFY.TO

● Galaxy Digital Holdings (GLXY) largely rebounded 9.6% (+$1.15), closed at $13.14, hit a YTD high. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=GLXY.TO

● Intact Financial (IFC) surged 7.2% (+$15.03), closed at $223.46, the best % gain in more than 46 months, also hit a record high.
360miq.com/stockinfo?code=IFC.TO

● CAE (CAE) sank -9.8% (-$2.78), closed at $25.6, the worst % loss in 1.5 years, also hit a YTD low, crossed below MA20 and MA50 ($27.33, $27.82). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=CAE.TO

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

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