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TSX Market Update 2022-03-03

360MiQ 0

SP/TSX slightly retreated -0.03% (-5.59 pts), closed at 21250 points, is testing MA20 (21212 pts).

Among the 150 largest-cap stocks, 77 (51%) closed higher. 39% of all TSX stocks ended higher.

In terms of sectors, 6 sectors closed up, 5 sectors closed down, ranging from -2.5% to 1.6%. 6 sectors outperformed the market. The market remained unchanged; Consumer Defensive was up 1.6%, the best performer, reflecting a more conservative market sentiment; Consumer Cyclical was down -2.5%, the worst performer.

● Ballard Power Systems (BLDP) plummeted -5.6% (-$0.77), closed at $13.1, fell 3 days in a row, crossed below MA50 ($13.49). The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=BLDP.TO

● SNC-Lavalin Group (SNC) retreated -1.5% (-$0.42), closed at $28.19. The largest increase in volume.
360miq.com/stockinfo?code=SNC.TO

● First Quantum Minerals (FM) jumped 4.7% (+$1.73), closed at $38.45, hit a record high. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=FM.TO

● Canfor (CFP) largely rebounded 4.1% (+$1.14), closed at $28.76, crossed above MA200 ($27.94).
360miq.com/stockinfo?code=CFP.TO

● BRP (DOO) largely retreated -5.2% (-$4.82), closed at $87.66, the worst % loss in more than 3 months, also hit a YTD low.
360miq.com/stockinfo?code=DOO.TO

● Descartes Systems Group (DSG) sank -4.8% (-$4.33), closed at $86.3, the worst % loss in nearly 2 months, crossed below MA20 ($89.6).
360miq.com/stockinfo?code=DSG.TO

● Magna International (MG) largely retreated -4.8% (-$4.23), closed at $84.35, hit a YTD low.
360miq.com/stockinfo?code=MG.TO

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

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