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TSX Market Update 2024-08-13

360MiQ 0

SP/TSX rose +1% (+219 pts), closed at 22618 points, rose 4 days in a row, crossed above MA20 (22605 pts).

Among the 150 largest-cap stocks, 110 (73%) closed higher. 79% of all TSX stocks ended higher, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -1.1% to +2.4%. 4 sectors outperformed the market. The market was up +0.9%; Technology was up +2.4%, the best performer, reflecting a more aggressive market sentiment; Communication was down -1.1%, the worst performer.

● Galaxy Digital Holdings (GLXY) jumped +5.2% (+$0.7), closed at $14.22. The best performer but with average volume.
360miq.com/stockinfo?code=GLXY.TO

● G Mining Ventures Corp (GMIN) largely retreated -5.7% (-$0.53), closed at $8.85, crossed below MA20 and MA50 ($9.27, $9.19). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=GMIN.TO

● Bausch + Lomb (BLCO) largely retreated -5.6% (-$1.26) after a 3-day winning streak, closed at $21.22, the worst % loss in 21 months, crossed below MA50 ($21.43).
360miq.com/stockinfo?code=BLCO.TO

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

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