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TSX Market Update 2024-01-17

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SP/TSX fell -1.2% (-253 pts), closed at 20695 points, the worst % loss in more than 3 months, crossed below MA20 (20888 pts).

Among the 150 largest-cap stocks, 18 (12%) closed higher. Only 22% of all TSX stocks ended higher, the least for nearly 3 months.

In terms of sectors, all sectors were down with losses from -0.2% to -2.6%. 6 sectors outperformed the market. The market was down -1.2%; Consumer Cyclical was down -0.2%, but already the best performer; Basic Materials was down -2.6%, the worst performer.

● Quebecor (QBR-A) largely retreated -9.3% (-$3.43), closed at $33.57, the worst % loss in more than 100 months, crossed below MA20 ($34.4). The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=QBR-A.TO

● Choice Properties Real Estate Investment Trust (CHP-UN) fell -1.7% (-$0.24), closed at $14.12, the worst % loss in 1 month. The largest increase in volume.
360miq.com/stockinfo?code=CHP-UN.TO

● Kinaxis (KXS) largely rose 2.6% (+$4.1), closed at $159.45, rose 8 days in a row, an 81-day high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=KXS.TO

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

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