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TSX Market Update 2023-01-24

360MiQ 0

SP/TSX slightly fell -0.01% (-2.45 pts), closed at 20630 points.

Among the 150 largest-cap stocks, 80 (53%) closed higher. 51% of all TSX stocks ended higher.

In terms of sectors, 6 sectors closed up, 5 sectors closed down, ranging from -1.2% to 1%. 6 sectors outperformed the market. The market remained unchanged; Consumer Defensive was up 1%, the best performer, reflecting a more conservative market sentiment; Technology was down -1.2%, the worst performer.

● Shaw Communications (SJR-B) largely rose 2.8% (+$1.07), closed at $39.5, rose 3 days in a row, hit a record high. The largest increase in volume.
360miq.com/stockinfo?code=SJR-B.TO

● West Fraser Timber Co (WFG) spiked 4.8% (+$4.77), closed at $104.51, the best % gain in more than 2 months, also a 33-day high, crossed above MA50 ($102.68). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=WFG.TO

● Magna International (MG) largely retreated -7.2% (-$6.32), closed at $81.25, the worst % loss in more than 7 months, crossed below MA20 and MA50 ($82.15, $81.32). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=MG.TO

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

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