03/10/2025
TSX Market Update 2025-10-03
SP/TSX rose +1% (+311 pts), closed at 30471.7 points, rose 6 days in a row, hit a record high, rose +2.4% (+711 pts) for the week.
Among the 150 largest-cap stocks, 114 (76%) closed higher. 73% of all TSX stocks ended higher, the most in more than 1 month, good for the market.
In terms of sectors, all sectors were up with gains from +0.2% to +3.7%. only 2 sectors outperformed the market. Boosting by Technology and Consumer Cyclical, The market was up +1.1%; Technology was up +3.7%, the best performer, reflecting an increasing risk appetite; Consumer Defensive was up +0.2%, but already the worst performer.
● Shopify (SHOP) spiked +6.5% (+$13.65), closed at $224.89, rose 3 days in a row, the best % gain in nearly 2 months, also hit a record high, rose +15.1% (+$29.49) for the week. The best performer today with a slight increase in volume.
● Pembina Pipeline (PPL) surged +6% (+$3.34), closed at $58.77, the best % gain in 7 months, also hit a record high, rose +5.1% (+$2.87) for the week, rose 5 weeks in a row.
● Restaurant Brands International Limited Partnership (QSP-UN) surged +6% (+$5.37), closed at $95.04, the best % gain in nearly 5 months, also a 21-day high, rose +6% (+$5.37) for the week, rose 5 weeks in a row, crossed above MA50 and MA200 ($90.73, $91.58).
● TransAlta (TA) soared +5.5% (+$1.05), closed at $20.2, the best % gain in nearly 3 months, also a 176-day high, rose +6.4% (+$1.22) for the week, rose 6 weeks in a row. The largest increase in volume today.
● Celestica (CLS) sank -6.9% (-$24.26), closed at $326.12, the worst % loss in 1 month, also a 20-day low, fell -4% (-$13.72) for the week, fell 2 weeks in a row, crossed below MA20 ($343.41). The worst performer today with a significant increase in volume.