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TSX Market Update 2023-07-06

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SP/TSX fell -1.5% (-293 pts), closed at 19811 points, the worst % loss in more than 3 months, crossed below MA20, MA50 and MA200 (19874 pts, 20082 pts, 19914 pts).

Among the 150 largest-cap stocks, 18 (12%) closed higher. Only 18% of all TSX stocks ended higher, the least for more than 4 months.

In terms of sectors, all sectors were down with losses from -0.6% to -2.2%. 6 sectors outperformed the market. The market was down -1.4%; Communication, Industrials were down -0.6%, but already the best performers; Technology was down -2.2%, the worst performer.

● Canadian Tire (CTC) largely rebounded 14.6% (+$37.2), closed at $292, the best % gain in 94 months. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=CTC.TO

● Aritzia (ATZ) tanked -5.8% (-$2.15), closed at $34.9, the worst % loss in 2 months, crossed below MA20 and MA50 ($35.83, $36.8). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=ATZ.TO

● NexGen Energy (NXE) sank -5.8% (-$0.36), closed at $5.86, the worst % loss in more than 4 months, crossed below MA20 ($6.11).
360miq.com/stockinfo?code=NXE.TO

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

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