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TSX Market Update 2022-06-02

360MiQ 0

SP/TSX rose 1.5% (+318 pts), closed at 21032 points, crossed above MA200 (21029 pts).

Among the 150 largest-cap stocks, 133 (89%) closed higher. 72% of all TSX stocks ended higher, good for the market.

In terms of sectors, all sectors were up with gains from 0.4% to 4.4%. 3 sectors outperformed the market. The market was up 1.6%; Technology was up 4.4%, the best performer, reflecting a more aggressive market sentiment; Energy was up 0.4%, but already the worst performer.

● Lightspeed Commerce (LSPD) largely rebounded 10.6% (+$3.35), closed at $35.03, a 37-day high. The best performer but with average volume.
360miq.com/stockinfo?code=LSPD.TO

● Teck Resources (TECK-A) largely rebounded 6.4% (+$3.48), closed at $57.6, crossed above MA20 and MA50 ($54.42, $55.29). The largest increase in volume.
360miq.com/stockinfo?code=TECK-A.TO

● Capstone Copper Corp (CS) spiked 9.5% (+$0.45), closed at $5.2, the best % gain in more than 14 months, crossed above MA20 ($4.89).
360miq.com/stockinfo?code=CS.TO

● Cogeco Communications (CCA) largely fell -4.1% (-$4.26), closed at $100.17, fell 4 days in a row, the worst % loss in 1 month, crossed below MA20 and MA50 ($101.25, $104.28). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=CCA.TO

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

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