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TSX Market Update 2023-07-14

360MiQ 0

SP/TSX slightly fell -0.08% (-15.9 pts) after a 3-day winning streak, closed at 20262 points, rose 2.2% (+431 pts) for the week.

Among the 150 largest-cap stocks, 86 (57%) closed higher. 54% of all TSX stocks ended higher.

In terms of sectors, 6 sectors closed up, 5 sectors closed down, ranging from -2.2% to 1.7%. 6 sectors outperformed the market. The market remained unchanged; Consumer Defensive was up 1.7%, the best performer, reflecting a decreasing risk appetite; Communication was down -2.2%, the worst performer.

● Stantec (STN) largely rebounded 2.7% (+$2.34), closed at $89.69, the best % gain in more than 1 month, also hit a record high, rose 3.3% (+$2.83) for the week, rose 3 weeks in a row. The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=STN.TO

● GFL Environmental (GFL) rose 2.2% (+$1.08) after a 7-day losing streak, closed at $49.72, the best % gain in 2 months, fell -2.6% (-$1.33) for the week, fell 2 weeks in a row, is testing MA50 ($49.85).
360miq.com/stockinfo?code=GFL.TO

● Thomson Reuters (TRI) rose 2.2% (+$3.8) after a 3-day losing streak, closed at $175.44, rose 1.8% (+$3.08) for the week, crossed above MA20 ($173.43).
360miq.com/stockinfo?code=TRI.TO

● TELUS International (Cda) (TIXT) plummeted -30.7% (-$5.91), closed at $13.36, hit a record low, fell -32.4% (-$6.4) for the week, fell 2 weeks in a row. The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=TIXT.TO

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

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