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Sharesight users' top 20 trades in TSX stocks for 2023

by Stephanie Stefanovic, Content Manager, Sharesight | Dec 21st 2023

Each year, Sharesight looks back at the top 20 buy and sell trades made by Sharesight users throughout the year. Welcome to the 2023 edition of our annual trading snapshot, where we explore the top trades users made in stocks on the Toronto Stock Exchange (TSX), plus the market-moving news behind some of these stocks.

Top 20 TSX stocks traded in 2023

Top20 TSX trades 2023

In this annual snapshot, buy trades were led by Enbridge (TSX: ENB), which saw its share price gradually decline throughout 2023, ultimately ending the year down over 8% (as at the time of publishing). Sell trades were led by Toronto Dominion Bank (TSX: TD), which saw its share price peak in February before plummeting steeply in March and stabilising throughout the rest of 2023, ending the year down over 3%. Overall, it was a year dominated by trades in banking and energy stocks, with half of the top 20 trades belonging to stocks in these sectors.

Let’s look at the news behind some of the key stocks in this year’s snapshot:

Enbridge (TSX: ENB)

  • May: Enbridge share price drops despite better-than-expected Q1 earnings
  • September: Enbridge shares hit 2-year low following announcement of Dominion Energy acquisition
  • November: Enbridge profit beats analysts’ expectations
  • December: Pembina Pipeline to buy Enbridge’s JV interests for CAD$3.1 billion

Toronto Dominion Bank (TSX: TD)

Telus Corp (TSX: T)

Bank of Nova Scotia (TSX: BNS)

Royal Bank of Canada (TSX: RY)

Algonquin Power (TSX: AQN)

TC Energy: (TSX: TRP)

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Disclaimer: This article is for informational purposes only and does not constitute a specific product recommendation, or taxation or financial advice and should not be relied upon as such. While we use reasonable endeavours to keep the information up-to-date, we make no representation that any information is accurate or up-to-date. If you choose to make use of the content in this article, you do so at your own risk. To the extent permitted by law, we do not assume any responsibility or liability arising from or connected with your use or reliance on the content on our site. Please check with your adviser or accountant to obtain the correct advice for your situation.

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