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TSX Market Update 2023-03-29

360MiQ 0

SP/TSX rose 0.9% (+180 pts), closed at 19838 points, rose 4 days in a row, crossed above MA20 (19815 pts).

Among the 150 largest-cap stocks, 111 (74%) closed higher. 63% of all TSX stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors remained unchanged, ranging from 0% to 2%. 7 sectors outperformed the market. The market was up 0.9%; Technology was up 2%, the best performer, reflecting a more aggressive market sentiment; Communication, Basic Materials remained unchanged, but already the worst performers.

● TransAlta (TA) largely rose 3% (+$0.33), closed at $11.33, rose 4 days in a row, the best % gain in more than 4 months, crossed above MA20 ($11.17). The largest increase in volume.
360miq.com/stockinfo?code=TA.TO

● Aritzia (ATZ) jumped 7.3% (+$2.88), closed at $42.08, the best % gain in more than 8 months, also a 23-day high, crossed above MA20 ($40.48). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=ATZ.TO

● Champion Iron (CIA) largely rebounded 7.2% (+$0.42) after a 6-day losing streak, closed at $6.26, the best % gain in more than 4 months.
360miq.com/stockinfo?code=CIA.TO

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

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