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TSX Market Update 2023-09-29

360MiQ 0

SP/TSX slightly fell -0.3% (-49.7 pts), closed at 19541 points, fell -1.2% (-239 pts) for the week, fell 2 weeks in a row, fell -3.7% (-752 pts) for the month.

Among the 150 largest-cap stocks, 64 (43%) closed higher. 55% of all TSX stocks ended higher.

In terms of sectors, 4 sectors closed up, 8 sectors closed down, the market internal was more negative, ranging from -1% to 1.7%. 6 sectors outperformed the market. The market was down -0.3%; Technology was up 1.7%, the best performer, reflecting an increasing risk appetite; Energy, Consumer Cyclical were down -1%, the worst performers.

● First Quantum Minerals (FM) largely rose 3.9% (+$1.21), closed at $32.09, fell -0.2% (-$0.08) for the week, fell 2 weeks in a row, fell -11.6% (-$4.21) for the month, crossed above MA200 ($31.46). The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=FM.TO

● Shopify (SHOP) largely rose 3.3% (+$2.36), closed at $74.14, rose 3 days in a row, rose 3.6% (+$2.57) for the week after a 3-week losing streak, fell -17.5% (-$15.75) for the month.
360miq.com/stockinfo?code=SHOP.TO

● Alimentation Couche-Tard (ATD) largely retreated -3.3% (-$2.34), closed at $68.98, the worst % loss in nearly 15 months, also a 26-day low, fell -2.5% (-$1.75) for the week, fell 2 weeks in a row, fell -2.4% (-$1.68) for the month, crossed below MA50 ($69.65). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=ATD.TO

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

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