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TSX Market Update 2024-08-19

360MiQ 0

SP/TSX slightly rose +0.3% (+61.4 pts), closed at 23116 points, rose 8 days in a row, hit a record high.

Among the 150 largest-cap stocks, 85 (57%) closed higher. 69% of all TSX stocks ended higher, good for the market.

In terms of sectors, 7 sectors closed up, the market internal was more positive, 5 sectors closed down, ranging from -0.6% to +1.6%. only 2 sectors outperformed the market. The market was up +0.3%; Basic Materials was up +1.6%, the best performer; Healthcare, Consumer Defensive, Consumer Cyclical were down -0.6%, the worst performers.

● Canadian Tire (CTC) soared +8.6% (+$19.44), closed at $244.44, rose 4 days in a row, a 38-day high, crossed above MA50 ($225.62). The best performer but with average volume.
360miq.com/stockinfo?code=CTC.TO

● ARC Resources (ARX) fell -2.2% (-$0.57), closed at $25.22. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=ARX.TO

● Alimentation Couche-Tard (ATD) fell -2.2% (-$1.8), closed at $81.77, crossed below MA20 ($82.17).
360miq.com/stockinfo?code=ATD.TO

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

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