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TSX Market Update 2024-02-23

360MiQ 0

SP/TSX rose 0.4% (+95.2 pts), closed at 21413 points, hit a YTD high, rose 0.7% (+157 pts) for the week, rose 2 weeks in a row.

Among the 150 largest-cap stocks, 88 (59%) closed higher. 64% of all TSX stocks ended higher.

In terms of sectors, 8 sectors closed up, 4 sectors closed down, ranging from -0.3% to 1.5%. 4 sectors outperformed the market. The market was up 0.5%; Technology was up 1.5%, the best performer; Energy was down -0.3%, but already the worst performer.

● RB Global (RBA) soared 12.2% (+$11.29), closed at $103.52, the best % gain in more than 3 years, also hit a record high, rose 11.3% (+$10.54) for the week, rose 4 weeks in a row. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=RBA.TO

● Lundin Gold (LUG) largely rebounded 7.5% (+$1.14), closed at $16.35, the best % gain in more than 4 months, rose 3% (+$0.47) for the week, rose 2 weeks in a row, crossed above MA20, MA50 and MA200 ($15.75, $15.8, $16.08).
360miq.com/stockinfo?code=LUG.TO

● Eldorado Gold (ELD) tumbled -6.1% (-$0.93), closed at $14.29, hit a YTD low, fell -3.2% (-$0.48) for the week, fell 3 weeks in a row, crossed below MA200 ($14.48). The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=ELD.TO

● Colliers International Group (CIGI) largely retreated -5.7% (-$9.72), closed at $161.34, the worst % loss in more than 3 months, fell -7.2% (-$12.44) for the week after a 2-week winning streak, crossed below MA20 ($162.53).
360miq.com/stockinfo?code=CIGI.TO

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

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