On Thursday, the Barrel's Bottom Composite Index for the NEX closed at 88.09, up 0.07 points or 0.0795% from its previous close of 88.02. Despite a 1.5 cent/share opening gain in ITI World Investment Group Inc. class 'A' [NEX: IWI.H], the BBCI fell more than 0.15 points in the first minute after market's open, to 87.85. The ITI gain was more than swamped by a 2 cent/share opening drop in the price of Maximum Ventures Inc. [NEX: MVI.H] and a 1 cent/share opening drop in the price of Rocher Deboule Minerals Corp. [NEX: RD.H]. The index's dip below 87.9 was gone four minutes later due to a 1 cent/share interday rise in the price of Rocher. That rise brought the BBCI up to 87.92 as of 9:35 AM ET.
The 87.9 level failed to hold as of the end of the first half-hour of trading, though. A 1 cent/share interday drop in Rocher's price as of about 10 AM ET put the BBCI right back where it was as of 9:31 to 9:34 AM ET. The index managed to climb back to just below 87.9 as of 10:28 AM ET, due to a 1 cent/share gain in the price of Silvio Ventures Inc. [NEX: SIV.H], and above 88 as of 10:43 AM ET thanks to a 3.5 cent/share opening rise in the price of Module Resources Incorporated [NEX: MLE.H]. A 6.5 cent/share opening rise in the price of Raystar Capital Ltd. [NEX: RYA.H] put the index up to 88.21, the high of the day, where it stayed until 11:49 AM ET. 88.15 was the level around which the BBCI hovered until 12:20 PM ET; it hung around 88.1 until 12:26 PM ET.
That minute saw a 0.5 cent/share interday drop in the price of Biomerge Industries Ltd. [NEX: BIL.H], which put the index down below 88 again. The fall continued down below 87.5 to 87.42 at 12:50 PM ET, which marked the low for the day; the BBCI stayed at that level for one minute's time. It bounced back to a little above 87.5 and stayed around that level until 1:12 PM ET. A 2.5 cent/share opening gain in Fairchild Investments Ltd. [NEX: FIC.H] put the BBCI just below the 88 level, and an additional 0.5 cent/share gain in Fairchild's price put the index above 88. It would stay there until a brief dip at 1:51 PM, and a more enduring decline six minutes later as a result of a 1 cent/share interday drop in the price of Toba Industries. The index stayed between 87.8 and 87.9 until 3:42 PM ET, when an end-of-day rally pushed it well above the latter level. It wasn't until three minutes before the close of trading that the BBCI pushed above 88 again: Toba's stock went up 1 cent/share, putting it at a 1.5 cent/share loss of the day but also putting the index at its closing level of 88.09.
Here are the hourly values for the Barrel's Bottom Composite Index, rounded to the nearest hundredth of a point:
The 87.9 level failed to hold as of the end of the first half-hour of trading, though. A 1 cent/share interday drop in Rocher's price as of about 10 AM ET put the BBCI right back where it was as of 9:31 to 9:34 AM ET. The index managed to climb back to just below 87.9 as of 10:28 AM ET, due to a 1 cent/share gain in the price of Silvio Ventures Inc. [NEX: SIV.H], and above 88 as of 10:43 AM ET thanks to a 3.5 cent/share opening rise in the price of Module Resources Incorporated [NEX: MLE.H]. A 6.5 cent/share opening rise in the price of Raystar Capital Ltd. [NEX: RYA.H] put the index up to 88.21, the high of the day, where it stayed until 11:49 AM ET. 88.15 was the level around which the BBCI hovered until 12:20 PM ET; it hung around 88.1 until 12:26 PM ET.
That minute saw a 0.5 cent/share interday drop in the price of Biomerge Industries Ltd. [NEX: BIL.H], which put the index down below 88 again. The fall continued down below 87.5 to 87.42 at 12:50 PM ET, which marked the low for the day; the BBCI stayed at that level for one minute's time. It bounced back to a little above 87.5 and stayed around that level until 1:12 PM ET. A 2.5 cent/share opening gain in Fairchild Investments Ltd. [NEX: FIC.H] put the BBCI just below the 88 level, and an additional 0.5 cent/share gain in Fairchild's price put the index above 88. It would stay there until a brief dip at 1:51 PM, and a more enduring decline six minutes later as a result of a 1 cent/share interday drop in the price of Toba Industries. The index stayed between 87.8 and 87.9 until 3:42 PM ET, when an end-of-day rally pushed it well above the latter level. It wasn't until three minutes before the close of trading that the BBCI pushed above 88 again: Toba's stock went up 1 cent/share, putting it at a 1.5 cent/share loss of the day but also putting the index at its closing level of 88.09.
Here are the hourly values for the Barrel's Bottom Composite Index, rounded to the nearest hundredth of a point:
- 10 AM ET: 87.85
- 11 AM ET: 88.03
- 12 PM ET: 88.15
- 1 PM ET: 87.56
- 2 PM ET: 87.83
- 3 PM ET: 87.81
- 4 PM ET/Close: 88.09
This is the first part of the daily NEX report. The second part covers NEX stocks that have sent out news releases during October 25th and the third part covers NEX stocks of note for that day.
[An earlier version of this part of the report has been posted at the Barrel's Bottom Blog over at Stockhouse.]
NOTE: I am not affiliated with the TSX, nor is this blog. The Barrel's Bottom Composite index is not endorsed by the TSX.
TSX Nex Home Page
[An earlier version of this part of the report has been posted at the Barrel's Bottom Blog over at Stockhouse.]
NOTE: I am not affiliated with the TSX, nor is this blog. The Barrel's Bottom Composite index is not endorsed by the TSX.
TSX Nex Home Page
No comments:
Post a Comment