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TSX Market Update 2023-03-31

360MiQ 0

SP/TSX rose 0.8% (+159 pts), closed at 20100 points, rose 6 days in a row, rose 3.1% (+598 pts) for the week, rose 2 weeks in a row, fell -0.6% (-121 pts) for the month.

Among the 150 largest-cap stocks, 116 (77%) closed higher. 76% of all TSX stocks ended higher, good for the market.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.1% to 2.5%. 6 sectors outperformed the market. The market was up 0.8%; Technology was up 2.5%, the best performer, reflecting a more aggressive market sentiment; Utilities, Communication were down -0.1%, but already the worst performers.

● BlackBerry (BB) jumped 14.4% (+$0.78), closed at $6.2, rose 3 days in a row, the best % gain in nearly 22 months, also hit a YTD high, rose 17.2% (+$0.91) for the week, rose 3 weeks in a row, rose 17% (+$0.9) for the month, crossed above MA50 ($5.45). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=BB.TO

● Algonquin Power & Utilities Corp (AQN) retreated -2.2% (-$0.25), closed at $11.34, rose 3.1% (+$0.34) for the week, rose 3 weeks in a row, rose 8.8% (+$0.92) for the month. The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=AQN.TO

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

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