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TSX Market Update 2023-12-20

360MiQ 0

SP/TSX retreated -1.1% (-239 pts), closed at 20601 points.

Among the 150 largest-cap stocks, 19 (13%) closed higher. 37% of all TSX stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.3% to -2.1%. 5 sectors outperformed the market. The market was down -1.1%; Consumer Defensive was down -0.3%, but already the best performer, reflecting a more conservative market sentiment; Basic Materials was down -2.1%, the worst performer.

● Quebecor (QBR-A) largely rebounded 3.1% (+$1.01) after a 3-day losing streak, closed at $33.51, the best % gain in more than 1 month. The best performer with a significant decrease in volume.
360miq.com/stockinfo?code=QBR-A.TO

● SNC-Lavalin Group (ATRL) retreated -1.6% (-$0.68), closed at $41.62, crossed below MA20 ($41.85). The largest increase in volume.
360miq.com/stockinfo?code=ATRL.TO

● Galaxy Digital Holdings (GLXY) largely rose 3.1% (+$0.3), closed at $10, rose 3 days in a row.
360miq.com/stockinfo?code=GLXY.TO

● Allkem (AKE) tumbled -7.7% (-$0.74) after a 5-day winning streak, closed at $8.91, the worst % loss in 13 months. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=AKE.TO

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

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