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TSX Market Update 2023-01-03

360MiQ 0

SP/TSX slightly rose 0.3% (+58.8 pts), closed at 19444 points.

Among the 150 largest-cap stocks, 113 (75%) closed higher. 69% of all TSX stocks ended higher, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -3.6% to 2.8%. 10 sectors outperformed the market, the market internal was more positive. The market was up 0.3%; Basic Materials was up 2.8%, the best performer; Energy was down -3.6%, the worst performer.

● Newmont (NGT) soared 6.2% (+$3.96) after a 3-day losing streak, closed at $67.79, the best % gain in nearly 2 months, also a 113-day high, crossed above MA20 ($64.18).
360miq.com/stockinfo?code=NGT.TO

● Pan American Silver Corp (PAAS) largely rebounded 6.4% (+$1.41) after a 3-day losing streak, closed at $23.51, the best % gain in 1 month, crossed above MA20 ($22.56). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=PAAS.TO

● Kinross Gold (K) largely rebounded 5.6% (+$0.31), closed at $5.83, the best % gain in 1 month, crossed above MA20 ($5.7).
360miq.com/stockinfo?code=K.TO

● Vermilion Energy (VET) sank -12.7% (-$3.04), closed at $20.93, the worst % loss in nearly 8 months, also a 222-day low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=VET.TO

● ARC Resources (ARX) sank -11.1% (-$2.02), closed at $16.23, the worst % loss in nearly 8 months, also a 65-day low, crossed below MA20 and MA200 ($18, $17.67).
360miq.com/stockinfo?code=ARX.TO

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

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