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TSX Market Update 2022-09-02

360MiQ 0

SP/TSX rose 0.7% (+128 pts) after a 5-day losing streak, closed at 19271 points, fell -3% (-602 pts) for the week, fell 3 weeks in a row.

Among the 150 largest-cap stocks, 106 (71%) closed higher. 55% of all TSX stocks ended higher.

In terms of sectors, 8 sectors closed up, 4 sectors closed down, ranging from -1.3% to 2.3%. only 2 sectors outperformed the market. The market was up 0.7%; Basic Materials was up 2.3%, the best performer; Technology was down -1.3%, the worst performer.

● Kinross Gold (K) largely rebounded 5.6% (+$0.23), closed at $4.32, the best % gain in more than 7 months, fell -2.9% (-$0.13) for the week, fell 2 weeks in a row. The best performer today with a slight decrease in volume.
360miq.com/stockinfo?code=K.TO

● Ballard Power Systems (BLDP) largely retreated -7.3% (-$0.75), closed at $9.5, a 24-day low, fell -8.7% (-$0.91) for the week, crossed below MA50 ($9.68). The worst performer today but with average volume.
360miq.com/stockinfo?code=BLDP.TO

● First Majestic Silver Corp (FR) largely rebounded 4.8% (+$0.44), closed at $9.62, fell -3.1% (-$0.31) for the week.
360miq.com/stockinfo?code=FR.TO

● Lightspeed Commerce (LSPD) plummeted -7% (-$1.76), closed at $23.37, a 25-day low, fell -7.8% (-$1.98) for the week, fell 3 weeks in a row.
360miq.com/stockinfo?code=LSPD.TO

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

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