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TSX Market Update 2023-01-27

360MiQ 0

SP/TSX slightly rose 0.07% (+13.5 pts), closed at 20714 points, a 159-day high, rose 1% (+211 pts) for the week, rose 4 weeks in a row.

Among the 150 largest-cap stocks, 68 (45%) closed higher. 54% of all TSX stocks ended higher.

In terms of sectors, 5 sectors closed up, 5 sectors closed down, 2 sectors remained unchanged, ranging from -1% to 1.6%. 5 sectors outperformed the market. The market remained unchanged; Technology was up 1.6%, the best performer, reflecting a more aggressive market sentiment; Basic Materials was down -1%, the worst performer.

● E-L Financial (ELF) largely rose 2.6% (+$23.35), closed at $923.35, the best % gain in 2 months, also a 64-day high, rose 2.7% (+$24.13) for the week. The largest increase in volume today.
360miq.com/stockinfo?code=ELF.TO

● Lightspeed Commerce (LSPD) soared 6.9% (+$1.57), closed at $24.44, a 58-day high, rose 10.6% (+$2.34) for the week, rose 5 weeks in a row. The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=LSPD.TO

● Champion Iron (CIA) plunged -5.7% (-$0.43), closed at $7.08, the worst % loss in nearly 3 months, fell -2.5% (-$0.18) for the week, crossed below MA20 ($7.12). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=CIA.TO

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

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