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TSX Market Update 2024-06-24

360MiQ 0

SP/TSX rose +1.4% (+294 pts), closed at 21849 points, the best % gain in more than 4 months, is testing MA20 (21897 pts).

Among the 150 largest-cap stocks, 121 (81%) closed higher. 67% of all TSX stocks ended higher, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.5% to +2.3%. 5 sectors outperformed the market. The market was up +1.3%; Energy was up +2.3%, the best performer; Technology was down -0.5%, the worst performer.

● First Quantum Minerals (FM) jumped +6.1% (+$1.05), closed at $18.18, rose 5 days in a row, the best % gain in 1 month, crossed above MA50 and MA200 ($17.33, $17.46). The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=FM.TO

● Galaxy Digital Holdings (GLXY) tumbled -6% (-$0.92), closed at $14.48, crossed below MA20 ($15.42). The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=GLXY.TO

● Osisko Gold Royalties (OR) sank -5.4% (-$1.21), closed at $21.26, fell 3 days in a row, the worst % loss in more than 11 months, also a 34-day low, crossed below MA50 ($22.22). The largest increase in volume.
360miq.com/stockinfo?code=OR.TO

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

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