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TSX Market Update 2023-06-23

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SP/TSX fell -0.8% (-163 pts), closed at 19418 points, fell 6 days in a row, a 67-day low, fell -2.8% (-557 pts) for the week.

Among the 150 largest-cap stocks, 36 (24%) closed higher. Only 33% of all TSX stocks ended higher.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -1.4% to 0.2%. 6 sectors outperformed the market. The market was down -0.8%; Consumer Defensive, Technology were up 0.2%, but already the best performers, reflecting a more risk-averse market; Healthcare was down -1.4%, the worst performer.

● Teck Resources (TECK-A) largely fell -4.1% (-$2.2), closed at $52.05, fell 7 days in a row, the worst % loss in 1 month, fell -8.7% (-$4.95) for the week, fell 3 weeks in a row. The worst performer today with a slight decrease in volume.
360miq.com/stockinfo?code=TECK-A.TO

● Capstone Copper Corp (CS) largely fell -3.2% (-$0.19), closed at $5.71, fell -7.2% (-$0.44) for the week, crossed below MA20 ($5.85). The largest increase in volume today.
360miq.com/stockinfo?code=CS.TO

● ARC Resources (ARX) largely rose 2.7% (+$0.48), closed at $18.01, rose 3 days in a row, hit a YTD high, rose 3.6% (+$0.63) for the week. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=ARX.TO

● Thomson Reuters (TRI) rose 2.5% (+$4.3), closed at $176.17, the best % gain in more than 4 months, also a 36-day high, rose 2.9% (+$4.93) for the week, rose 2 weeks in a row.
360miq.com/stockinfo?code=TRI.TO

● iA Financial Corporation (IAG) largely fell -4% (-$3.65), closed at $86.87, the worst % loss in more than 1 month, fell -4% (-$3.58) for the week, crossed below MA20 and MA50 ($89.19, $87.81).
360miq.com/stockinfo?code=IAG.TO

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

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