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TSX Market Update 2023-09-28

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SP/TSX rose 0.8% (+155 pts), closed at 19591 points.

Among the 150 largest-cap stocks, 116 (77%) closed higher. 60% of all TSX stocks ended higher.

In terms of sectors, 9 sectors closed up, 3 sectors closed down, ranging from -0.6% to 1.5%. 4 sectors outperformed the market. The market was up 0.7%; Consumer Defensive, Technology were up 1.5%, the best performers; Healthcare was down -0.6%, the worst performer.

● TC Energy (TRP) largely retreated -4.2% (-$2.03), closed at $46.71, the worst % loss in 2 months, also a 41-day low. The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=TRP.TO

● Brookfield Infrastructure (BIPC) rebounded 1.5% (+$0.73), closed at $48.84. The largest increase in volume.
360miq.com/stockinfo?code=BIPC.TO

● Allkem (AKE) largely rebounded 7% (+$0.67) after a 3-day losing streak, closed at $10.19, the best % gain in more than 4 months. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=AKE.TO

● Teck Resources (TECK-A) largely rebounded 6% (+$3.25), closed at $57.5, the best % gain in nearly 6 months, crossed above MA20 and MA50 ($56.6, $55.74).
360miq.com/stockinfo?code=TECK-A.TO

● Brookfield Renewable (BEPC) largely fell -3.9% (-$1.37), closed at $33.32, fell 3 days in a row, hit a record low.
360miq.com/stockinfo?code=BEPC.TO

● Algonquin Power & Utilities Corp (AQN) largely fell -3.8% (-$0.32), closed at $8.17, fell 4 days in a row, hit a YTD low.
360miq.com/stockinfo?code=AQN.TO

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