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TSX Market Update 2022-06-23

360MiQ 0

SP/TSX fell -1.5% (-287 pts), closed at 18717 points, hit a YTD low.

Among the 150 largest-cap stocks, 73 (49%) closed higher. 42% of all TSX stocks ended higher.

In terms of sectors, 8 sectors closed up, 4 sectors closed down, ranging from -4.6% to 4.4%. 8 sectors outperformed the market. The market was down -1.5%; Technology was up 4.4%, the best performer, reflecting an increasing risk appetite; Energy was down -4.6%, the worst performer.

● Lightspeed Commerce (LSPD) surged 7.8% (+$2.27), closed at $31.27, rose 5 days in a row, crossed above MA20 and MA50 ($30.83, $29.04). The best performer but with average volume.
360miq.com/stockinfo?code=LSPD.TO

● First Quantum Minerals (FM) plummeted -12.4% (-$3.3), closed at $23.21, the worst % loss in more than 2 years, also hit a YTD low. The largest increase in volume.
360miq.com/stockinfo?code=FM.TO

● MEG Energy Corp (MEG) plunged -12.5% (-$2.37), closed at $16.59, the worst % loss in nearly 27 months, also an 80-day low. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=MEG.TO

● Baytex Energy Corp (BTE) sank -11.9% (-$0.75), closed at $5.55, a 52-day low.
360miq.com/stockinfo?code=BTE.TO

● Crescent Point Energy Corp (CPG) tumbled -11.1% (-$1.09), closed at $8.74, the worst % loss in more than 1 month, also a 29-day low.
360miq.com/stockinfo?code=CPG.TO

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

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