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TSX Market Update 2024-06-21

360MiQ 0

SP/TSX slightly fell -0.1% (-26.1 pts), closed at 21555 points, fell -0.4% (-84 pts) for the week, fell 5 weeks in a row.

Among the 150 largest-cap stocks, 60 (40%) closed higher. 41% of all TSX stocks ended higher.

In terms of sectors, 5 sectors closed up, 6 sectors closed down, 1 sector remained unchanged, ranging from -1.4% to +1.4%. 7 sectors outperformed the market. The market was down -0.2%; Technology was up +1.4%, the best performer; Basic Materials was down -1.4%, the worst performer.

● Quebecor (QBR-A) soared +9.3% (+$2.69), closed at $31.59, the best % gain in 2 years, also a 20-day high, rose +8.9% (+$2.59) for the week, rose 2 weeks in a row, crossed above MA20, MA50 and MA200 ($29.31, $29.59, $31). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=QBR-A.TO

● China Gold International Resources Corp (CGG) largely retreated -5.8% (-$0.55), closed at $8.95, the worst % loss in more than 3 months, rose +1.2% (+$0.11) for the week after a 2-week losing streak, crossed below MA20 ($9.08). The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=CGG.TO

● PrairieSky Royalty (PSK) sank -4.7% (-$1.27), closed at $25.89, the worst % loss in more than 17 months, fell -0.7% (-$0.18) for the week, crossed below MA20 and MA50 ($26.5, $26.48).
360miq.com/stockinfo?code=PSK.TO

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

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