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TSX Market Update 2023-12-01

360MiQ 0

SP/TSX rose 1.1% (+217 pts), closed at 20453 points, rose 4 days in a row, a 52-day high, rose 1.7% (+350 pts) for the week.

Among the 150 largest-cap stocks, 130 (87%) closed higher. 79% of all TSX stocks ended higher, good for the market.

In terms of sectors, all sectors were up with gains from 0.1% to 2.3%. 7 sectors outperformed the market. The market was up 1%; Communication was up 2.3%, the best performer, reflecting an increasing risk appetite; Energy was up 0.1%, but already the worst performer.

● Rogers Communications (RCI-A) largely rose 2.6% (+$1.55), closed at $60.2, an 82-day high, rose 2.4% (+$1.4) for the week, rose 5 weeks in a row, crossed above MA200 ($59.73). The largest increase in volume today.
360miq.com/stockinfo?code=RCI-A.TO

● Capstone Copper Corp (CS) jumped 5.4% (+$0.3), closed at $5.86, a 50-day high, rose 7.9% (+$0.43) for the week, rose 3 weeks in a row, is testing MA200 ($5.86). The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=CS.TO

● Brookfield Infrastructure (BIPC) largely rebounded 5.2% (+$2.21), closed at $44.38, a 35-day high, rose 1.9% (+$0.84) for the week, rose 3 weeks in a row, crossed above MA20 and MA50 ($42.73, $43.07).
360miq.com/stockinfo?code=BIPC.TO

● Champion Iron (CIA) surged 4.7% (+$0.32), closed at $7.07, the best % gain in 1 month, also a 187-day high, rose 2.8% (+$0.19) for the week, crossed above MA20 ($6.85).
360miq.com/stockinfo?code=CIA.TO

● National Bank of Canada (NA) jumped 4.8% (+$4.36), closed at $94.28, rose 3 days in a row, the best % gain in 33 months, also a 64-day high, rose 4.5% (+$4.08) for the week.
360miq.com/stockinfo?code=NA.TO

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

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