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TSX Market Update 2024-06-04

360MiQ 0

SP/TSX fell -0.6% (-139 pts), closed at 21978 points, crossed below MA50 (22088 pts).

Among the 150 largest-cap stocks, 57 (38%) closed higher, 47 of them rose with a lower volume. 48% of all TSX stocks ended higher.

In terms of sectors, 6 sectors closed up, 5 sectors closed down, 1 sector remained unchanged, ranging from -3.8% to +0.9%. 9 sectors outperformed the market. The market was down -0.6%; Industrials was up +0.9%, the best performer; Basic Materials was down -3.8%, the worst performer.

● Pan American Silver Corp (PAAS) plummeted -6.6% (-$1.96), closed at $27.65, fell 3 days in a row, the worst % loss in more than 4 months, crossed below MA20 ($28.66). The worst performer but with average volume.
360miq.com/stockinfo?code=PAAS.TO

● Quebecor (QBR-A) rose +1.5% (+$0.43), closed at $29.45. The largest increase in volume.
360miq.com/stockinfo?code=QBR-A.TO

● GFL Environmental (GFL) surged +6.9% (+$3.27), closed at $50.65, rose 4 days in a row, hit a YTD high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=GFL.TO

● Ivanhoe Mines (IVN) plummeted -6.5% (-$1.25), closed at $17.89, fell 5 days in a row, a 38-day low, crossed below MA50 ($18.75).
360miq.com/stockinfo?code=IVN.TO

● Teck Resources (TECK-A) sank -5.9% (-$4.17), closed at $65.95, fell 3 days in a row, the worst % loss in more than 7 months, also a 22-day low, crossed below MA50 ($66.97).
360miq.com/stockinfo?code=TECK-A.TO

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

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