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TSX Market Update 2022-09-08

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SP/TSX rose 0.9% (+172 pts), closed at 19413 points, crossed above MA50 (19384 pts).

Among the 150 largest-cap stocks, 106 (71%) closed higher. 59% of all TSX stocks ended higher.

In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -0.6% to 1.6%. 4 sectors outperformed the market. The market was up 0.8%; Financial was up 1.6%, the best performer; Consumer Defensive was down -0.6%, the worst performer.

● Teck Resources (TECK-A) tanked -8.6% (-$4.25), closed at $45, the worst % loss in more than 28 months, crossed below MA200 ($46.18). The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=TECK-A.TO

● Descartes Systems Group (DSG) retreated -2.5% (-$2.31), closed at $88.32, a 25-day low, crossed below MA200 ($88.4). The largest increase in volume.
360miq.com/stockinfo?code=DSG.TO

● NexGen Energy (NXE) largely rebounded 10% (+$0.55), closed at $6.07, a 62-day high, crossed above MA200 ($5.8). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=NXE.TO

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

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