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TSX Market Update 2022-08-10

360MiQ 0

SP/TSX largely rose 1.6% (+308 pts), closed at 19886 points, a 40-day high.

Among the 150 largest-cap stocks, 126 (84%) closed higher. 78% of all TSX stocks ended higher, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.2% to 4.2%. 5 sectors outperformed the market. The market was up 1.5%; Technology was up 4.2%, the best performer; Utilities was down -0.2%, but already the worst performer.

● Boyd Group Services (BYD) largely rebounded 20.6% (+$32.88), closed at $192.5, a 146-day high, crossed above MA200 ($172.05). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=BYD.TO

● Kinaxis (KXS) largely rebounded 7.5% (+$11.86), closed at $169.57, a 96-day high, crossed above MA200 ($159.96).
360miq.com/stockinfo?code=KXS.TO

● ATS Automation Tooling Systems (ATA) jumped 7.2% (+$3.05), closed at $45.68, rose 3 days in a row, the best % gain in 1 month, also a 109-day high, crossed above MA200 ($43.17).
360miq.com/stockinfo?code=ATA.TO

● CAE (CAE) plunged -17.6% (-$5.86), closed at $27.39, fell 3 days in a row, the worst % loss in more than 28 months, also hit a YTD low, crossed below MA20, MA50 and MA200 ($32.82, $32.22, $32.58). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=CAE.TO

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

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