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TSX Market Update 2024-06-12

360MiQ 0

SP/TSX slightly rose +0.3% (+74.6 pts), closed at 21962 points.

Among the 150 largest-cap stocks, 92 (61%) closed higher. 66% of all TSX stocks ended higher.

In terms of sectors, 9 sectors closed up, the market internal was more positive, 3 sectors closed down, ranging from -1% to +2.1%. 5 sectors outperformed the market. The market was up +0.3%; Consumer Cyclical was up +2.1%, the best performer, reflecting an increasing risk appetite; Consumer Defensive was down -1%, the worst performer.

● Canadian Western Bank (CWB) largely rebounded +68.3% (+$17), closed at $41.89, hit a record high, crossed above MA20, MA50 and MA200 ($26.8, $26.7, $27.67). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=CWB.TO

● National Bank of Canada (NA) tumbled -5.9% (-$6.85), closed at $109.49, fell 4 days in a row, the worst % loss in more than 50 months, also a 60-day low, crossed below MA20 and MA50 ($115.64, $113.75). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=NA.TO

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

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