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TSX Market Update 2023-01-11

360MiQ 0

SP/TSX rose 0.6% (+126 pts), closed at 20025 points, rose 4 days in a row, a 23-day high.

Among the 150 largest-cap stocks, 111 (74%) closed higher. 77% of all TSX stocks ended higher, good for the market.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.4% to 2%. 6 sectors outperformed the market. The market was up 0.5%; Real Estate was up 2%, the best performer; Basic Materials was down -0.4%, but already the worst performer.

● Allkem (AKE) largely rebounded 7.5% (+$0.83), closed at $11.85, crossed above MA200 ($11.43). The best performer but with average volume.
360miq.com/stockinfo?code=AKE.TO

● Lundin Gold (LUG) largely retreated -2.6% (-$0.39), closed at $14.5. The worst performer but with average volume.
360miq.com/stockinfo?code=LUG.TO

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

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