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TSX Market Update 2023-08-23

360MiQ 0

SP/TSX rose 1% (+189 pts), closed at 19880 points, the best % gain in nearly 2 months.

Among the 150 largest-cap stocks, 121 (81%) closed higher. 72% of all TSX stocks ended higher, the most in more than 1 month, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.5% to 3%. 6 sectors outperformed the market. The market was up 0.9%; Technology was up 3%, the best performer, reflecting a more aggressive market sentiment; Energy was down -0.5%, the worst performer.

● Shopify (SHOP) spiked 5% (+$3.63), closed at $76.83, rose 3 days in a row, the best % gain in more than 1 month. The best performer but with average volume.
360miq.com/stockinfo?code=SHOP.TO

● Quebecor (QBR-A) largely fell -4.2% (-$1.33), closed at $30.27, an 81-day low. The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=QBR-A.TO

● Sprott Physical Silver Trust (PSLV) largely rose 2.8% (+$0.305), closed at $11.215, rose 5 days in a row, the best % gain in more than 1 month. The largest increase in volume.
360miq.com/stockinfo?code=PSLV.TO

● Alamos Gold (AGI) soared 4.3% (+$0.67), closed at $16.35, rose 3 days in a row, the best % gain in more than 1 month, crossed above MA50 ($15.86).
360miq.com/stockinfo?code=AGI.TO

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

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