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TSX Market Update 2023-01-16

360MiQ 0

SP/TSX slightly rose 0.1% (+30.3 pts), closed at 20390 points, rose 7 days in a row, a 27-day high.

Among the 150 largest-cap stocks, 89 (59%) closed higher, 77 of them rose with a lower volume. 67% of all TSX stocks ended higher, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.8% to 1.8%. 8 sectors outperformed the market, the market internal was more positive. The market was up 0.2%; Healthcare was up 1.8%, the best performer; Basic Materials was down -0.8%, the worst performer.

● First Quantum Minerals (FM) tumbled -6.1% (-$1.92), closed at $29.31, the worst % loss in 1 month, crossed below MA50 ($30.2). The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=FM.TO

● BlackBerry (BB) spiked 5.9% (+$0.3), closed at $5.42. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=BB.TO

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