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TSX Market Update 2024-01-09

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SP/TSX fell -0.5% (-104 pts) after a 3-day winning streak, closed at 20971 points.

Among the 150 largest-cap stocks, 49 (33%) closed higher. 48% of all TSX stocks ended higher.

In terms of sectors, 1 sector closed up, 9 sectors closed down, 2 sectors remained unchanged, ranging from -2.2% to 1.6%. 6 sectors outperformed the market. The market was down -0.5%; Technology was up 1.6%, the best performer, reflecting an increasing risk appetite; Healthcare was down -2.2%, the worst performer.

● Quebecor (QBR-A) rose 1.9% (+$0.67), closed at $35.8, rose 5 days in a row, hit a record high. The largest increase in volume.
360miq.com/stockinfo?code=QBR-A.TO

● NexGen Energy (NXE) largely rebounded 6.4% (+$0.57), closed at $9.44, the best % gain in 2 months, also hit a record high, crossed above MA20 ($9.13). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=NXE.TO

● Toronto-Dominion Bank (TD) plummeted -4.4% (-$3.82) after a 3-day winning streak, closed at $83.07, the worst % loss in 45 months, crossed below MA20 ($84.2). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=TD.TO

● Nutrien (NTR) largely fell -4.1% (-$3.03), closed at $71.36, the worst % loss in more than 2 months, also a 150-day low.
360miq.com/stockinfo?code=NTR.TO

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

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