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TSX Market Update 2024-04-16

360MiQ 0

SP/TSX fell -0.4% (-97.1 pts), closed at 21643 points, fell 5 days in a row, a 27-day low, is testing MA50 (21639 pts).

Among the 150 largest-cap stocks, 58 (39%) closed higher. 37% of all TSX stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -1.1% to +1%. 3 sectors outperformed the market, the market internal was more negative. The market was down -0.4%; Technology was up +1%, the best performer; Utilities was down -1.1%, the worst performer.

● Descartes Systems Group (DSG) largely rebounded +4.4% (+$5.33), closed at $125.7, the best % gain in more than 1 month, crossed above MA20 and MA50 ($123.79, $121.37). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=DSG.TO

● Champion Iron (CIA) sank -5.1% (-$0.31), closed at $5.77, fell 3 days in a row, the worst % loss in 1 month, also hit a YTD low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=CIA.TO

● Barrick Gold (ABX) plummeted -5% (-$1.19), closed at $22.78, fell 3 days in a row, the worst % loss in nearly 3 months, crossed below MA20 ($22.89).
360miq.com/stockinfo?code=ABX.TO

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

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