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TSX Market Update 2024-07-18

360MiQ 0

SP/TSX fell -0.5% (-124 pts), closed at 22727 points.

Among the 150 largest-cap stocks, 50 (33%) closed higher. Only 33% of all TSX stocks ended higher.

In terms of sectors, 1 sector closed up, 10 sectors closed down, 1 sector remained unchanged, ranging from -1.8% to +0.6%. 7 sectors outperformed the market. The market was down -0.6%; Communication was up +0.6%, the best performer; Basic Materials was down -1.8%, the worst performer.

● Galaxy Digital Holdings (GLXY) plunged -8.1% (-$1.47), closed at $16.6, the worst % loss in more than 3 months. The worst performer but with average volume.
360miq.com/stockinfo?code=GLXY.TO

● Quebecor (QBR-A) surged +5.7% (+$1.68), closed at $31, crossed above MA20, MA50 and MA200 ($29.62, $29.51, $30.85). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=QBR-A.TO

● Hudbay Minerals (HBM) sank -7.5% (-$0.9), closed at $11.04, fell 4 days in a row, the worst % loss in nearly 2 months, also a 58-day low.
360miq.com/stockinfo?code=HBM.TO

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

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