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TSX Market Update 2023-07-12

360MiQ 0

SP/TSX rose 1% (+192 pts), closed at 20071 points, crossed above MA50 and MA200 (20032 pts, 19932 pts).

Among the 150 largest-cap stocks, 118 (79%) closed higher. 74% of all TSX stocks ended higher, good for the market.

In terms of sectors, 9 sectors closed up, 3 sectors remained unchanged, ranging from 0% to 3.2%. 4 sectors outperformed the market. The market was up 1%; Basic Materials was up 3.2%, the best performer; Consumer Defensive, Consumer Cyclical, Communication remained unchanged, but already the worst performers.

● Newcrest Mining (NCM) largely rose 3.7% (+$0.88), closed at $24.81, rose 4 days in a row, the best % gain in more than 1 month, also a 37-day high, crossed above MA50 ($24.11). The largest increase in volume.
360miq.com/stockinfo?code=NCM.TO

● Nuvei (NVEI) jumped 8.6% (+$3.36), closed at $42.48, rose 4 days in a row, the best % gain in 4 months, also a 28-day high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=NVEI.TO

● TELUS International (Cda) (TIXT) largely retreated -4.9% (-$0.98), closed at $19.19, the worst % loss in 2 months, also hit a record low, crossed below MA20 ($19.83). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=TIXT.TO

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

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