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TSX Market Update 2023-12-13

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SP/TSX largely rose 2% (+395 pts), closed at 20629 points, the best % gain in more than 1 month, also a 157-day high.

Among the 150 largest-cap stocks, 137 (91%) closed higher. 84% of all TSX stocks ended higher, the most in 13 months, good for the market.

In terms of sectors, all sectors were up with gains from 0.4% to 5.2%. 4 sectors outperformed the market. The market was up 2%; Basic Materials was up 5.2%, the best performer; Consumer Defensive was up 0.4%, but already the worst performer.

● Allkem (AKE) largely rebounded 12.1% (+$0.97), closed at $8.96, the best % gain in 7 months, also a 33-day high, crossed above MA50 ($8.52). The best performer but with average volume.
360miq.com/stockinfo?code=AKE.TO

● Champion Iron (CIA) rose 1% (+$0.07), closed at $6.9, crossed above MA20 ($6.88). The largest increase in volume.
360miq.com/stockinfo?code=CIA.TO

● NexGen Energy (NXE) largely fell -2.6% (-$0.24), closed at $9.04. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=NXE.TO

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

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