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TSX Market Update 2024-10-18

360MiQ 0

SP/TSX rose +0.5% (+133 pts), closed at 24823 points, rose 3 days in a row, hit a record high, rose +1.4% (+352 pts) for the week, rose 6 weeks in a row.

Among the 150 largest-cap stocks, 87 (58%) closed higher. 74% of all TSX stocks ended higher, good for the market.

In terms of sectors, 8 sectors closed up, 4 sectors closed down, ranging from -0.3% to +3.3%. only 1 sector outperformed the market. The market was up +0.6%; Basic Materials was up +3.3%, the best performer; Healthcare was down -0.3%, but already the worst performer.

● Sprott Physical Silver Trust (PSLV) soared +5% (+$0.74), closed at $15.55, rose 6 days in a row, the best % gain in 5 months, also hit a record high, rose +6.1% (+$0.89) for the week. The largest increase in volume today.
360miq.com/stockinfo?code=PSLV.TO

● IAMGOLD (IMG) soared +16.6% (+$1.17), closed at $8.23, rose 4 days in a row, the best % gain in nearly 22 months, also hit a YTD high, rose +23.9% (+$1.59) for the week after a 3-week losing streak. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=IMG.TO

● Pan American Silver Corp (PAAS) jumped +10.5% (+$3.21), closed at $33.69, the best % gain in more than 44 months, also hit a YTD high, rose +9.9% (+$3.04) for the week, rose 3 weeks in a row.
360miq.com/stockinfo?code=PAAS.TO

● Bombardier (BBD-A) largely fell -4% (-$4.43), closed at $105.89, the worst % loss in more than 1 month, fell -3.8% (-$4.15) for the week after a 5-week winning streak. The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=BBD-A.TO

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

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