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TSX Market Update 2024-08-28

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SP/TSX fell -0.6% (-133 pts), closed at 23127 points.

Among the 150 largest-cap stocks, 30 (20%) closed higher. Only 29% of all TSX stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -2% to +0.2%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.6%; Financial was up +0.2%, but already the best performer; Basic Materials was down -2%, the worst performer.

● National Bank of Canada (NA) surged +5.9% (+$7.02), closed at $126.91, the best % gain in nearly 51 months, also hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=NA.TO

● Kinaxis (KXS) largely retreated -14.5% (-$22.79) after a 3-day winning streak, closed at $133.95, the worst % loss in more than 41 months, also hit a YTD low, crossed below MA20 and MA200 ($151.63, $153.15). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=KXS.TO

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

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