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TSX Market Update 2024-12-30

360MiQ 0

SP/TSX fell -0.7% (-175 pts), closed at 24621 points.

Among the 150 largest-cap stocks, 28 (19%) closed higher, 23 of them rose with a lower volume. Only 29% of all TSX stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -1.9% to +0.3%. 3 sectors outperformed the market, the market internal was more negative. The market was down -0.8%; Energy was up +0.3%, but already the best performer; Basic Materials was down -1.9%, the worst performer.

● Strathcona Resources (SCR) largely rebounded +4.8% (+$1.41), closed at $30.565, the best % gain in more than 1 month, crossed above MA20, MA50 and MA200 ($29.43, $29.38, $30.23). The best performer but with average volume.
360miq.com/stockinfo?code=SCR.TO

● Galaxy Digital Holdings (GLXY) tanked -4.8% (-$1.27), closed at $25.01. The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=GLXY.TO

● Tourmaline Oil Corp (TOU) surged +4.5% (+$2.88), closed at $66.79, rose 5 days in a row, the best % gain in nearly 19 months, also a 22-day high.
360miq.com/stockinfo?code=TOU.TO

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

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