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TSX Market Update 2023-07-21

360MiQ 0

SP/TSX rose 0.5% (+111 pts), closed at 20548 points, a 50-day high, rose 1.4% (+286 pts) for the week, rose 2 weeks in a row.

Among the 150 largest-cap stocks, 105 (70%) closed higher. 69% of all TSX stocks ended higher, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector remained unchanged, ranging from 0% to 1.2%. 5 sectors outperformed the market. The market was up 0.5%; Communication was up 1.2%, the best performer; Technology remained unchanged, but already the worst performer.

● Imperial Oil (IMO) largely rose 2.9% (+$1.92), closed at $67.17, rose 3.7% (+$2.42) for the week after a 2-week losing streak, crossed above MA20 ($65.76). The best performer today with a slight decrease in volume.
360miq.com/stockinfo?code=IMO.TO

● CGI (GIB-A) largely fell -3.4% (-$4.68), closed at $134.77, the worst % loss in more than 2 months, fell -4.8% (-$6.85) for the week, crossed below MA20 and MA50 ($138.25, $138.74). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=GIB-A.TO

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

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