The Canadian Vanguard Stock Market Report – Weekend, January 17 – 19, 2025
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Your Data-Driven Stock Market Analysis And Report – the investor’s readiness guide for the week of January 20 market sessions.
(Updated regularly throughout the weekend)
The Toronto Market, Friday
The TSX composite index vaulted up 221.72 points or 0.89% to close the market session at 25,067.92.
The Market Breadth: Utilities, up 1.41%, was the top performing sector on Friday, making it two consecutive days of top performance. Basic Materials gained 1.27% and Energy gained 1.25%. Telecommunications Services was up 0.76%; Industrials gained 0.74%; Healthcare gained 0.71%; and Financials gained 0.68%. Durable Consumer Goods & Services was up 0.62% and Technology was up 0.19%. Discretionary Consumer Goods & Services, down a marginal -0.02%, was the only sector to decline at a really positive market session on Friday.
For the week: Utilities, up 2.68%, was the top performing sector this week. Financials was next with 2.33% gain; Industrials gained 1.43%; Technology gained 1.27%; and Basic Materials gained 1.09%. Energy, down -0.08% and Durable Consumer Goods & Services, down -0.73%, were the only two sectors which failed to register a weekly gain this week.
Industry Groups: Publishing was up 17.38%; Tires & Rubber Products gained 3.36%; Coal was up 3.70%; Aluminum gained 3.45%; and Pharmaceuticals – Generic & Specialty was up 2.95% to round up the top five industry groups at the market session on Friday.
Today’s Statistics: Friday, the gaining issues (Advancers) outnumbered the declined issues (Decliners). There were three Advancers for every Decliner or a more exact ratio of 3.05-to-1.0 – quite a bullish market session. In real numbers, there were 1,437 Advancers to 470 Decliners while 136 stocks remained Unchanged.
Friday, there were 132 new 52-Week Highs and 11 new 52-Week Lows. By comparison, there were 91 new 52-Week Highs and 20 new 52-Week Lows on Thursday.
Friday, the total volume of shares traded at the TSX was 358,977,141, or about 5% more when compared to the volume of 340,280,509 shares traded on Thursday.
Market Roundup: The index advanced bullishly Friday and the advance was buoyed by increased volume of shares traded. The rally, started Thursday, strengthened significantly on Friday. However, we need more data, in reality more sessions to enable us to confirm the analysis, but the prospects look good that this rally will likely endure.
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The US Markets
The Dow Jones Index advanced 334.70 points or 0.78% to close at 43,487.83. The S&P 500 index gained 59.32 points or 1.00% to close at 5,996.66. The Nasdaq Composite was advanced 291.91 points or 1.51%, to close at 19,630.20.
The Market Breadth: The US markets were bullish on Friday. Nine of the eleven major US market sectors gained. Healthcare, down -0.76%, was the only sector to decline. Discretionary Consumer Goods & Services was up 1.50% and Technology was up 1.32% to lead the sectors. Telecommunications Services gained 1.06%; Basic Materials was up 0.89%; Industrials gained 0.66%; and Financials was up 0.64%. Durable Consumer Goods & Services was up 0.54%; Energy was up 0.49%; and Utilities was up 0.36%.
For the week: This was a good week for stocks. All the sectors ended the week with weekly gains. It is not often that all the sectors end a week with gains for the week. This happens typically, when the market is quite bullish and also the small caps are very often participating fully in the bullish trend. Financials, up 5.70%, led the week’s gainers and Basic Materials followed with 4.95% gain. Industrials gained 4.81%; Utilities gained 4.62%; Energy was up 4.45%; and Discretionary Consumer Goods & Services was up 3.39%. Telecommunications gained 2.32% and Technology was up 2.18% for the week.
Industry Groups: Advertising / Marketing gained 4.30%; Semiconductors gained 2.53%; Retail – Catalog & Internet Order gained 2.50%; Auto & Truck Manufacturers gained 2.18% and Construction & Agricultural Machinery gained 1.8%.
Today’s Market Statistics: At the NYSE, the gaining issues (Advancers) outnumbered the declined issues (Decliners). There were two Advancers for every Decliner or an exact ratio of 2.1-to-1.0. In actual numbers, there were 2,755 Advancers to 1,274 Decliners with 344 Unchanged.
Today, there were 166 new 52-Week Highs and 22 new 52-Week Lows. By comparison, on Thursday, there were 121 new 52-Week Highs and 40 new 52-Week Lows.
The total volume of stocks traded at the NYSE Friday was 1,215,741,258 or 1% more when compared to the volume of 1,203,298,932 stocks traded on Thursday.
On the NASDAQ, the Advancers outnumbered the Decliners. There were nine Advancers for every five Decliners or an exact ratio of 1.75-to-1.0. In actual numbers, 2,776 Advancers to 1,587 Decliners with 251 Unchanged.
Friday, there were 105 new 52-Week Highs and 79 new 52-Week Lows. By comparison, on Thursday there were 86 new 52-Week Highs and 118 new 52-Week Lows.
The total volume of shares traded at the NASDAQ on Friday was 8,278,463,416, or 10% more when compared to the volume of 7,539,482,956 shares traded on Thursday.
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Regular Market Day Features
Beginner Investor’s (Canadian stocks) Watchlist
Blended Growth Stocks Watchlist
EV, Energy and Resource Stocks Watchlist
IMPORTANT NOTICE
Readers are reminded that the market’s performance at the following day’s market session may completely differ from the market performance at the overnight markets.
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