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TSX Market Update 2022-02-08

360MiQ 0

SP/TSX rose 0.7% (+141 pts), closed at 21377 points.

Among the 150 largest-cap stocks, 109 (73%) closed higher. 57% of all TSX stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -2.9% to 1.7%. 7 sectors outperformed the market, the market internal was more positive. The market was up 0.6%; Industrials was up 1.7%, the best performer; Energy was down -2.9%, the worst performer.

● Kirkland Lake Gold (KL) retreated -1.4% (-$0.71), closed at $48.7. The largest increase in volume.
360miq.com/stockinfo?code=KL.TO

● Lithium Americas Corp (LAC) soared 5.3% (+$1.82), closed at $35.92, rose 3 days in a row, crossed above MA20 ($34.21). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=LAC.TO

● Air Canada (AC) spiked 4.8% (+$1.14), closed at $24.82, rose 3 days in a row, the best % gain in 1 month, also hit a YTD high, crossed above MA200 ($24.16).
360miq.com/stockinfo?code=AC.TO

● Baytex Energy Corp (BTE) tanked -6.7% (-$0.34), closed at $4.77, the worst % loss in more than 2 months. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=BTE.TO

● Cenovus Energy (CVE) plummeted -6.4% (-$1.26), closed at $18.3, the worst % loss in 6 months, crossed below MA20 ($18.62).
360miq.com/stockinfo?code=CVE.TO

● ARC Resources (ARX) tumbled -5.8% (-$0.88), closed at $14.22, fell 3 days in a row, the worst % loss in 14 months.
360miq.com/stockinfo?code=ARX.TO

● Canadian Natural Resources (CNQ) tumbled -4.9% (-$3.34), closed at $64.26, the worst % loss in more than 2 months, crossed below MA20 ($65.21).
360miq.com/stockinfo?code=CNQ.TO

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

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