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TSX Market Update 2024-04-23

360MiQ 0

SP/TSX rose +0.6% (+140 pts), closed at 22012 points, rose 5 days in a row, crossed above MA20 (22007 pts).

Among the 150 largest-cap stocks, 113 (75%) closed higher. 72% of all TSX stocks ended higher, the most in 1 month, good for the market.

In terms of sectors, all sectors were *up with gains from +0.1% to +2.5%. 3 sectors outperformed the market. The market was up +0.6%; Technology was up +2.5%, the best performer, reflecting a more aggressive market sentiment; Real Estate was up +0.1%, but already the worst performer.

● Shopify (SHOP) spiked +4.6% (+$4.45), closed at $101.1, rose 6 days in a row, the best % gain in more than 2 months, crossed above MA20 ($100.29). The best performer but with average volume.
360miq.com/stockinfo?code=SHOP.TO

● China Gold International Resources Corp (CGG) largely fell -2.7% (-$0.22), closed at $8.08, a 23-day low. The largest increase in volume.
360miq.com/stockinfo?code=CGG.TO

● ATS (ATS) largely rose +4.2% (+$1.83), closed at $45.05, crossed above MA20 ($44.1).
360miq.com/stockinfo?code=ATS.TO

● Triple Flag Precious Metals Corp (TFPM) largely rebounded +4% (+$0.83) after a 3-day losing streak, closed at $21.52, the best % gain in nearly 5 months, crossed above MA20 ($20.87).
360miq.com/stockinfo?code=TFPM.TO

● Ivanhoe Mines (IVN) plummeted -4.7% (-$0.89), closed at $18.14, fell 3 days in a row, the worst % loss in more than 8 months. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=IVN.TO

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

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