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TSX Market Update 2022-10-26

360MiQ 0

SP/TSX rose 1% (+183 pts), closed at 19280 points, rose 4 days in a row, crossed above MA50 (19216 pts).

Among the 150 largest-cap stocks, 111 (74%) closed higher. 77% of all TSX stocks ended higher, the most in more than 1 month, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.5% to 1.9%. 6 sectors outperformed the market. The market was up 1%; Basic Materials was up 1.9%, the best performer; Technology was down -0.5%, the worst performer.

● Shopify (SHOP) largely retreated -2.9% (-$1.17), closed at $39.46. The worst performer but with average volume.
360miq.com/stockinfo?code=SHOP.TO

● Shaw Communications (SJR-B) spiked 7.2% (+$2.46), closed at $36.52, the best % gain in 4 months, also a 76-day high, crossed above MA200 ($35.73). The largest increase in volume.
360miq.com/stockinfo?code=SJR-B.TO

● Turquoise Hill Resources (TRQ) largely rebounded 7.4% (+$2.76) after a 3-day losing streak, closed at $39.93, the best % gain in nearly 2 months, crossed above MA50 ($38.88). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=TRQ.TO

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

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