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TSX Market Update 2022-08-03

360MiQ 0

SP/TSX slightly rose 0.2% (+40.9 pts), closed at 19546 points, crossed above MA50 (19513 pts).

Among the 150 largest-cap stocks, 79 (53%) closed higher. 60% of all TSX stocks ended higher.

In terms of sectors, 7 sectors closed up, the market internal was more positive, 5 sectors closed down, ranging from -2.6% to 5.1%. 6 sectors outperformed the market. The market was up 0.1%; Technology was up 5.1%, the best performer, reflecting a more aggressive market sentiment; Energy was down -2.6%, the worst performer.

● Shopify (SHOP) jumped 10.8% (+$5.25), closed at $53.85, a 61-day high. The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=SHOP.TO

● Kinaxis (KXS) largely rebounded 9.5% (+$13.82), closed at $159.39, the best % gain in nearly 27 months, also a 78-day high, crossed above MA20 ($147.99).
360miq.com/stockinfo?code=KXS.TO

● Paramount Resources (POU) plummeted -9.1% (-$2.76), closed at $27.66, crossed below MA20 and MA200 ($28.21, $27.83). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=POU.TO

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

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