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TSX Market Update 2024-05-02

360MiQ 0

SP/TSX rose +0.4% (+94.2 pts), closed at 21823 points, is testing MA50 (21838 pts).

Among the 150 largest-cap stocks, 99 (66%) closed higher. 65% of all TSX stocks ended higher.

In terms of sectors, 8 sectors closed up, 3 sectors closed down, 1 sector remained unchanged, ranging from -1.9% to +1.9%. 5 sectors outperformed the market. The market was up +0.5%; Industrials was up +1.9%, the best performer; Healthcare was down -1.9%, the worst performer.

● Thomson Reuters (TRI) surged +6.9% (+$14.31), closed at $222.72, the best % gain in 38 months, also hit a record high, crossed above MA20 and MA50 ($209.94, $211.23). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=TRI.TO

● Air Canada (AC) tumbled -8.4% (-$1.71) after a 5-day winning streak, closed at $18.75, the worst % loss in nearly 26 months, crossed below MA20, MA50 and MA200 ($19.53, $18.97, $19.44). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=AC.TO

● Bausch Health Companies (BHC) sank -8.1% (-$0.98), closed at $11.05, fell 3 days in a row, the worst % loss in nearly 11 months, also a 56-day low, crossed below MA200 ($11.24).
360miq.com/stockinfo?code=BHC.TO

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

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