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TSX Market Update 2023-01-31

360MiQ 0

SP/TSX rose 0.9% (+195 pts), closed at 20767 points, hit a YTD high, rose 7.1% (+1382 pts) for the month.

Among the 150 largest-cap stocks, 103 (69%) closed higher. 66% of all TSX stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.1% to 2.1%. 4 sectors outperformed the market. The market was up 0.9%; Technology was up 2.1%, the best performer; Utilities was down -0.1%, but already the worst performer.

● Lithium Americas Corp (LAC) largely rebounded 13.5% (+$3.99), closed at $33.46, the best % gain in nearly 13 months, also hit a YTD high, rose 30.3% (+$7.79) for the month, crossed above MA50 and MA200 ($29.84, $32.5). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=LAC.TO

● Allkem (AKE) largely fell -3.9% (-$0.51), closed at $12.63, the worst % loss in 1 month, rose 22.7% (+$2.34) for the month. The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=AKE.TO

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

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