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TSX Market Update 2023-08-29

360MiQ 0

SP/TSX rose 1.3% (+265 pts), closed at 20290 points, rose 3 days in a row, the best % gain in nearly 3 months, crossed above MA20, MA50 and MA200 (20067 pts, 20090 pts, 20139 pts).

Among the 150 largest-cap stocks, 145 (97%) closed higher. 76% of all TSX stocks ended higher, the most in nearly 2 months, good for the market.

In terms of sectors, all sectors were up with gains from 0.6% to 2.3%. 5 sectors outperformed the market. The market was up 1.3%; Technology was up 2.3%, the best performer, reflecting a more aggressive market sentiment; Utilities was up 0.6%, but already the worst performer.

● Sprott Physical Gold and Silver Trust (CEF) rose 1.2% (+$0.31), closed at $25.25, a 60-day high. The largest increase in volume.
360miq.com/stockinfo?code=CEF.TO

● Nuvei (NVEI) soared 7.2% (+$1.59) after a 6-day losing streak, closed at $23.73, the best % gain in more than 1 month. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=NVEI.TO

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

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