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TSX Market Update 2024-05-15

360MiQ 0

SP/TSX slightly rose +0.2% (+41.8 pts) after a 3-day losing streak, closed at 22285 points.

Among the 150 largest-cap stocks, 83 (55%) closed higher. 74% of all TSX stocks ended higher, good for the market.

In terms of sectors, 8 sectors closed up, the market internal was more positive, 3 sectors closed down, 1 sector remained unchanged, ranging from -0.2% to +1.1%. 6 sectors outperformed the market. The market was up +0.2%; Utilities was up +1.1%, the best performer; Industrials, Healthcare were down -0.2%, but already the worst performers.

● CCL Industries (CCL-A) retreated -2.3% (-$1.74) after a 3-day winning streak, closed at $72.74, the worst % loss in more than 1 month. The largest increase in volume.
360miq.com/stockinfo?code=CCL-A.TO

● Celestica (CLS) surged +8% (+$5.25), closed at $70.8, the best % gain in more than 2 months, also hit a record high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=CLS.TO

● Element Fleet Management Corp (EFN) largely rebounded +7.4% (+$1.64), closed at $23.86, the best % gain in 1 year, also hit a record high.
360miq.com/stockinfo?code=EFN.TO

● Boralex (BLX) largely rebounded +7% (+$2.05), closed at $31.4, the best % gain in more than 26 months, also a 67-day high, crossed above MA200 ($30.09).
360miq.com/stockinfo?code=BLX.TO

● Boyd Group Services (BYD) plummeted -7.1% (-$18.33), closed at $238.41, the worst % loss in nearly 2 months, also hit a YTD low. 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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