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TSX Market Update 2024-09-26

360MiQ 0

SP/TSX rose +0.5% (+128 pts), closed at 24034 points, hit a record high.

Among the 150 largest-cap stocks, 104 (69%) closed higher, 87 of them rose with a lower volume. 67% of all TSX stocks ended higher, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -1.8% to +1.8%. 6 sectors outperformed the market. The market was up +0.4%; Technology was up +1.8%, the best performer, reflecting an increasing risk appetite; Energy was down -1.8%, the worst performer.

● Bombardier (BBD-A) largely rose +3.3% (+$3.18), closed at $100.06, hit a YTD high. The largest increase in volume.
360miq.com/stockinfo?code=BBD-A.TO

● Galaxy Digital Holdings (GLXY) jumped +13.6% (+$2.2), closed at $18.35, rose 3 days in a row, the best % gain in more than 2 months, also a 49-day high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=GLXY.TO

● MEG Energy Corp (MEG) tumbled -5.2% (-$1.34), closed at $24.36, the worst % loss in nearly 2 months, crossed below MA20 ($24.98). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=MEG.TO

● Ovintiv (OVV) tanked -4.8% (-$2.51), closed at $49.86, fell 3 days in a row, the worst % loss in nearly 2 months, also hit a YTD low.
360miq.com/stockinfo?code=OVV.TO

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

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