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TSX Market Update 2024-02-16

360MiQ 0

SP/TSX slightly rose 0.2% (+32.6 pts), closed at 21256 points, rose 3 days in a row, hit a YTD high, rose 1.2% (+246 pts) for the week after a 2-week losing streak.

Among the 150 largest-cap stocks, 84 (56%) closed higher. 56% of all TSX stocks ended higher.

In terms of sectors, 8 sectors closed up, the market internal was more positive, 3 sectors closed down, 1 sector remained unchanged, ranging from -1.6% to 1.4%. 6 sectors outperformed the market. The market was up 0.2%; Healthcare was up 1.4%, the best performer; Technology was down -1.6%, the worst performer.

● Capstone Copper Corp (CS) surged 5.2% (+$0.35), closed at $7.04, rose 3 days in a row, hit a YTD high, rose 10% (+$0.64) for the week after a 2-week losing streak. The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=CS.TO

● Lundin Mining (LUN) soared 5.1% (+$0.57), closed at $11.69, rose 3 days in a row, hit a YTD high, rose 6.1% (+$0.67) for the week.
360miq.com/stockinfo?code=LUN.TO

● Air Canada (AC) largely retreated -6.5% (-$1.26) after a 4-day winning streak, closed at $18, the worst % loss in nearly 1 year, also a 31-day low, fell -1.2% (-$0.21) for the week, fell 3 weeks in a row, crossed below MA20 and MA50 ($18.46, $18.5). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=AC.TO

● Nuvei (NVEI) largely retreated -5.9% (-$2.1), closed at $33.75, the worst % loss in more than 3 months, fell -6.4% (-$2.32) for the week, crossed below MA20 ($33.84).
360miq.com/stockinfo?code=NVEI.TO

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

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