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TSX Market Update 2023-10-18

360MiQ 0

SP/TSX fell -1.2% (-242 pts), closed at 19451 points, crossed below MA20 (19511 pts).

Among the 150 largest-cap stocks, 38 (25%) closed higher. Only 21% of all TSX stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -2.2% to 0.1%. 3 sectors outperformed the market, the market internal was more negative. The market was down -1.2%; Energy was up 0.1%, but already the best performer; Healthcare was down -2.2%, the worst performer.

● Paramount Resources (POU) soared 4.5% (+$1.39), closed at $32.3, rose 4 days in a row, the best % gain in more than 2 months, crossed above MA20 and MA50 ($31.19, $31.73). The best performer but with average volume.
360miq.com/stockinfo?code=POU.TO

● Newcrest Mining (NCM) largely retreated -6.2% (-$1.45) after a 3-day winning streak, closed at $22.05, the worst % loss in more than 10 months, crossed below MA20, MA50 and MA200 ($22.25, $22.36, $23.19). The largest increase in volume.
360miq.com/stockinfo?code=NCM.TO

● BRP (DOO) plunged -7.3% (-$7.66), closed at $97.24, the worst % loss in more than 16 months, also a 94-day low, crossed below MA20 and MA50 ($102.23, $104.36). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=DOO.TO

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

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