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TSX Market Update 2021-12-14

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S&P/TSX and the market were down -0.5% and -0.6% respectively.

Only Consumer Defensive (0.6%) and Utilities (0.2%) closed higher. Technology slumped -2% to be the worst. The risk appetite of the market is still low.

Only 46 out of 150 (31%) largest-cap stocks ended higher. And also 31% of all TSX stocks closed higher.

Nuvei (NVEI) plunged another -9%, making it the worst performing large-cap stock. It has lost -45% in the last 5 days due to the short seller report.
360miq.com/stockinfo?code=NVEI.TO

Utilities stocks outperformed the market:

Fortis (FTS) rose 1.6% to another all-time high.
360miq.com/stockinfo?code=FTS.TO

Emera (EMA) rose 2% to an all-time high.
360miq.com/stockinfo?code=EMA.TO

Brookfield Infrastructure (BIPC) spiked 2.8% to challenge MA200, hitting a high since July.
360miq.com/stockinfo?code=BIPC.TO

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

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