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TSX Market Update 2024-09-27

360MiQ 0

SP/TSX slightly fell -0.3% (-77.2 pts), closed at 23957 points, rose +0.4% (+90 pts) for the week, rose 3 weeks in a row.

Among the 150 largest-cap stocks, 56 (37%) closed higher. 47% of all TSX stocks ended higher.

In terms of sectors, 5 sectors closed up, 7 sectors closed down, ranging from -2.1% to +1%. 8 sectors outperformed the market. The market was down -0.4%; Energy was up +1%, the best performer; Basic Materials was down -2.1%, the worst performer.

● Canadian Tire (CTC) tanked -6.3% (-$14.89), closed at $220.1, the worst % loss in 1 month, fell -4.7% (-$10.9) for the week, crossed below MA20 and MA50 ($226.19, $221.1). The worst performer today with a significant decrease in volume.
360miq.com/stockinfo?code=CTC.TO

● Tourmaline Oil Corp (TOU) largely rebounded +4% (+$2.37), closed at $61.41, the best % gain in more than 1 month, rose +5% (+$2.91) for the week after a 5-week losing streak, crossed above MA20, MA50 and MA200 ($59.3, $59.73, $60.25). The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=TOU.TO

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

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