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TSX Market Update 2023-02-01

360MiQ 0

SP/TSX slightly fell -0.08% (-15.9 pts), closed at 20751 points.

Among the 150 largest-cap stocks, 96 (64%) closed higher. 66% of all TSX stocks ended higher.

In terms of sectors, 8 sectors closed up, the market internal was more positive, 3 sectors closed down, ranging from -2.4% to 1.9%. 8 sectors outperformed the market. The market remained unchanged; Technology was up 1.9%, the best performer, reflecting an increasing risk appetite; Energy was down -2.4%, the worst performer.

● Linamar (LNR) soared 5.7% (+$3.89), closed at $71.84, the best % gain in more than 2 months, also hit a YTD high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=LNR.TO

● BlackBerry (BB) jumped 5.5% (+$0.31), closed at $5.99, hit a YTD high.
360miq.com/stockinfo?code=BB.TO

● TC Energy (TRP) tumbled -5.6% (-$3.22), closed at $54.11, the worst % loss in 2 months, crossed below MA20 and MA50 ($56.54, $57.01). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=TRP.TO

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

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