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TSX Market Update 2024-03-20

360MiQ 0

SP/TSX rose 0.8% (+185 pts), closed at 22046 points, hit a YTD high.

Among the 150 largest-cap stocks, 107 (71%) closed higher. 74% of all TSX stocks ended higher, good for the market.

In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -0.2% to 2.4%. 4 sectors outperformed the market. The market was up 0.8%; Technology was up 2.4%, the best performer, reflecting a more aggressive market sentiment; Consumer Cyclical was down -0.2%, but already the worst performer.

● Galaxy Digital Holdings (GLXY) largely rebounded 8.1% (+$1.02), closed at $13.55, crossed above MA20 ($13.52). The best performer but with average volume.
360miq.com/stockinfo?code=GLXY.TO

● Boyd Group Services (BYD) plummeted -8.5% (-$26.88), closed at $288.03, the worst % loss in 28 months, also a 40-day low, crossed below MA20 and MA50 ($311.06, $301.06). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=BYD.TO

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

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