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TSX Market Update 2023-09-18

360MiQ 0

SP/TSX fell -0.6% (-129 pts) after a 5-day winning streak, closed at 20493 points.

Among the 150 largest-cap stocks, 51 (34%) closed higher. 37% of all TSX stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -3.9% to 0.2%. 9 sectors outperformed the market. The market was down -0.6%; Consumer Defensive was up 0.2%, but already the best performer, reflecting a more conservative market sentiment; Healthcare was down -3.9%, the worst performer.

● Shopify (SHOP) tanked -5.4% (-$4.62), closed at $80.31, the worst % loss in more than 1 month, crossed below MA20 and MA50 ($82.77, $82.64). The worst performer with a slight decrease in volume.
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