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TSX Market Update 2023-12-19

360MiQ 0

SP/TSX rose 1.1% (+217 pts), closed at 20840 points, hit a YTD high.

Among the 150 largest-cap stocks, 118 (79%) closed higher, 107 of them rose with a lower volume. 72% of all TSX stocks ended higher, good for the market.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.4% to 2.3%. 5 sectors outperformed the market. The market was up 1%; Basic Materials was up 2.3%, the best performer; Technology was down -0.4%, but already the worst performer.

● Cameco (CCO) largely retreated -6% (-$3.72), closed at $58.37, the worst % loss in 14 months, also a 27-day low, crossed below MA20 ($61.33). The worst performer but with average volume.
360miq.com/stockinfo?code=CCO.TO

● West Fraser Timber Co (WFG) jumped 10.2% (+$10.48), closed at $113.53, the best % gain in nearly 17 months, also a 99-day high, crossed above MA20 ($103.82). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=WFG.TO

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

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