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TSX Market Update 2023-01-17

360MiQ 0

SP/TSX slightly rose 0.3% (+67.5 pts), closed at 20457 points, rose 8 days in a row, a 28-day high.

Among the 150 largest-cap stocks, 94 (63%) closed higher. 58% of all TSX stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -1.5% to 1%. 7 sectors outperformed the market, the market internal was more positive. The market was up 0.2%; Healthcare, Utilities were up 1%, the best performers; Basic Materials was down -1.5%, the worst performer.

● Algonquin Power & Utilities Corp (AQN) jumped 7% (+$0.63), closed at $9.59, the best % gain in more than 33 months, crossed above MA20 ($9.28). The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=AQN.TO

● Newcrest Mining (NCM) largely retreated -4.9% (-$1.085) after a 4-day winning streak, closed at $20.98, the worst % loss in more than 1 month. The worst performer but with average volume.
360miq.com/stockinfo?code=NCM.TO

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

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