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TSX Market Update 2022-08-02

360MiQ 0

SP/TSX retreated -1% (-188 pts) after a 3-day winning streak, closed at 19505 points, crossed below MA50 (19526 pts).

Among the 150 largest-cap stocks, 31 (21%) closed higher. 37% of all TSX stocks ended higher.

In terms of sectors, 3 sectors closed up, 9 sectors closed down, ranging from -2.1% to 1.9%. 6 sectors outperformed the market. The market was down -0.9%; Technology was up 1.9%, the best performer, reflecting a more aggressive market sentiment; Energy was down -2.1%, the worst performer.

● Galaxy Digital Holdings (GLXY) soared 10.5% (+$0.76), closed at $8.02, rose 4 days in a row, a 42-day high. The best performer but with average volume.
360miq.com/stockinfo?code=GLXY.TO

● Canadian Tire (CTC) largely retreated -8.3% (-$25), closed at $277, crossed below MA200 ($299.91). The worst performer but with average volume.
360miq.com/stockinfo?code=CTC.TO

● Enbridge (ENB) fell -1.5% (-$0.88) after a 3-day winning streak, closed at $56.63, the worst % loss in more than 1 month. The largest increase in volume.
360miq.com/stockinfo?code=ENB.TO

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

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