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TSX Market Update 2022-08-31

360MiQ 0

SP/TSX fell -0.9% (-182 pts), closed at 19331 points, fell 4 days in a row, a 23-day low, fell -1.8% (-362 pts) for the month, crossed below MA50 (19367 pts).

Among the 150 largest-cap stocks, 36 (24%) closed higher. Only 33% of all TSX stocks ended higher.

In terms of sectors, 1 sector closed up, 10 sectors closed down, 1 sector remained unchanged, ranging from -1.5% to 2.3%. 6 sectors outperformed the market. The market was down -0.9%; Healthcare was up 2.3%, the best performer; Energy was down -1.5%, the worst performer.

● West Fraser Timber Co (WFG) largely fell -3.2% (-$3.84), closed at $117.5, the worst % loss in 1 month, fell -2% (-$2.39) for the month, crossed below MA20 ($119.71). The largest increase in volume today.
360miq.com/stockinfo?code=WFG.TO

● Bausch Health Companies (BHC) soared 17.3% (+$1.16), closed at $7.88, the best % gain in 2 months, rose 33.6% (+$1.98) for the month, crossed above MA20 ($7.27). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=BHC.TO

● Crescent Point Energy Corp (CPG) largely retreated -6.3% (-$0.67), closed at $9.98, fell -1.5% (-$0.15) for the month. The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=CPG.TO

● NuVista Energy (NVA) largely retreated -5.8% (-$0.66), closed at $10.8, the worst % loss in nearly 2 months, fell -5.2% (-$0.59) for the month, crossed below MA20 ($10.86).
360miq.com/stockinfo?code=NVA.TO

● Paramount Resources (POU) largely retreated -5.5% (-$1.75), closed at $29.94, fell -5.9% (-$1.87) for the month.
360miq.com/stockinfo?code=POU.TO

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

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