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TSX Market Update 2022-10-17

360MiQ 0

SP/TSX largely rebounded 1.6% (+295 pts), closed at 18621 points.

Among the 150 largest-cap stocks, 130 (87%) closed higher. 77% of all TSX stocks ended higher, the most in 1 month, good for the market.

In terms of sectors, all sectors were up with gains from 0.4% to 3.5%. 5 sectors outperformed the market. The market was up 1.6%; Technology was up 3.5%, the best performer, reflecting a more aggressive market sentiment; Consumer Defensive was up 0.4%, but already the worst performer.

● Lightspeed Commerce (LSPD) spiked 7.5% (+$1.77), closed at $25.23, crossed above MA20 ($24.4). The best performer but with average volume.
360miq.com/stockinfo?code=LSPD.TO

● Ceridian HCM (CDAY) largely rebounded 6.7% (+$4.86) after a 5-day losing streak, closed at $76.97, the best % gain in more than 2 months. The largest increase in volume.
360miq.com/stockinfo?code=CDAY.TO

● BlackBerry (BB) largely rebounded 6.5% (+$0.36), closed at $5.9, the best % gain in more than 4 months.
360miq.com/stockinfo?code=BB.TO

● Birchcliff Energy (BIR) largely fell -3.3% (-$0.36), closed at $10.5, crossed below MA50 ($10.77). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=BIR.TO

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

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