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TSX Market Update 2022-01-14

360MiQ 0

SP/TSX slightly rose 0.3% (+64.6 pts), closed at 21358 points, rose 1.3% (+273 pts) for the week after a 2-week losing streak.

Among the 150 largest-cap stocks, 53 (35%) closed higher. 40% of all TSX stocks ended higher.

In terms of sectors, 6 sectors closed up, 6 sectors closed down, ranging from -1.1% to 1.7%. 5 sectors outperformed the market. The market was up 0.2%; Energy was up 1.7%, the best performer; Real Estate was down -1.1%, the worst performer.

● Ovintiv (OVV) largely rebounded 7.2% (+$3.5), closed at $51.88, a 796-day high, rose 8.5% (+$4.08) for the week, rose 4 weeks in a row. The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=OVV.TO

● MEG Energy Corp (MEG) largely rebounded 6.5% (+$0.87), closed at $14.26, a 1612-day high, rose 11.1% (+$1.42) for the week, rose 4 weeks in a row.
360miq.com/stockinfo?code=MEG.TO

● SNC-Lavalin Group (SNC) tumbled -4.6% (-$1.39), closed at $28.59, the worst % loss in more than 2 months, also a 167-day low, fell -6.8% (-$2.09) for the week, fell 3 weeks in a row. The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=SNC.TO

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

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