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TSX Market Update 2023-03-09

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SP/TSX fell -1.3% (-260 pts), closed at 20087 points, the worst % loss in nearly 3 months, also a 39-day low, crossed below MA50 (20321 pts).

Among the 150 largest-cap stocks, 32 (21%) closed higher. Only 29% of all TSX stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.4% to -2.6%. 5 sectors outperformed the market. The market was down -1.2%; Technology was down -0.4%, but already the best performer; Healthcare was down -2.6%, the worst performer.

● Nuvei (NVEI) jumped 6.6% (+$3.31), closed at $53.6, hit a YTD high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=NVEI.TO

● Maple Leaf Foods (MFI) tumbled -14% (-$3.92), closed at $23.99, the worst % loss in 7 months, also hit a YTD low, crossed below MA20, MA50 and MA200 ($26.94, $26.14, $24.21). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=MFI.TO

● Linamar (LNR) sank -13.7% (-$10.58), closed at $66.48, the worst % loss in nearly 64 months, also a 26-day low, crossed below MA20 and MA50 ($73.89, $69.17). The largest increase in volume.
360miq.com/stockinfo?code=LNR.TO

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

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