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TSX Market Update 2024-09-06

360MiQ 0

SP/TSX fell -0.9% (-207 pts), closed at 22781 points, fell 4 days in a row, fell -2.4% (-565 pts) for the week after a 4-week winning streak, crossed below MA20 (22997 pts).

Among the 150 largest-cap stocks, 28 (19%) closed higher. Only 27% of all TSX stocks ended higher, the least in 1 month.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -2.2% to +0.4%. 7 sectors outperformed the market. The market was down -1%; Consumer Cyclical was up +0.4%, but already the best performer; Basic Materials was down -2.2%, the worst performer.

● ONEX (ONEX) fell -1.6% (-$1.4), closed at $88.53, fell 4 days in a row, fell -7% (-$6.69) for the week after a 4-week winning streak. The largest increase in volume today.
360miq.com/stockinfo?code=ONEX.TO

● Canadian Tire (CTC) largely rose +3.6% (+$8.36), closed at $238.36, rose +3.6% (+$8.36) for the week, rose 2 weeks in a row. The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=CTC.TO

● Celestica (CLS) sank -10.2% (-$6.35), closed at $55.65, the worst % loss in more than 10 months, also a 134-day low, fell -18.9% (-$12.97) for the week, fell 3 weeks in a row, crossed below MA200 ($60.15). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=CLS.TO

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

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