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TSX Market Update 2023-08-28

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SP/TSX rose 1% (+189 pts), closed at 20025 points, the best % gain in nearly 2 months, is testing MA20 and MA50 (20084 pts, 20084 pts).

Among the 150 largest-cap stocks, 115 (77%) closed higher. 76% of all TSX stocks ended higher, the most in nearly 2 months, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.6% to 2%. 5 sectors outperformed the market. The market was up 0.9%; Basic Materials was up 2%, the best performer; Consumer Cyclical was down -0.6%, the worst performer.

● Canadian Tire (CTC) plummeted -7.3% (-$20.64), closed at $263.36, the worst % loss in more than 1 month, also a 24-day low. The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=CTC.TO

● Quebecor (QBR-A) largely rebounded 3.5% (+$1.05), closed at $31.32. The largest increase in volume.
360miq.com/stockinfo?code=QBR-A.TO

● Alamos Gold (AGI) largely rebounded 4.3% (+$0.7), closed at $17.15, the best % gain in more than 1 month, also a 66-day high. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=AGI.TO

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

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