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TSX Market Update 2022-11-11

360MiQ 0

SP/TSX rose 0.6% (+122 pts), closed at 20112 points, a 53-day high, rose 3.4% (+662 pts) for the week, is testing MA200 (20146 pts).

Among the 150 largest-cap stocks, 102 (68%) closed higher. 68% of all TSX stocks ended higher, good for the market.

In terms of sectors, 9 sectors closed up, 3 sectors closed down, ranging from -1.9% to 3.1%. 6 sectors outperformed the market. The market was up 0.6%; Technology was up 3.1%, the best performer, reflecting a more aggressive market sentiment; Utilities was down -1.9%, the worst performer.

● Lightspeed Commerce (LSPD) soared 8.6% (+$1.87), closed at $23.52, rose 16.9% (+$3.4) for the week. The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=LSPD.TO

● Shopify (SHOP) soared 7.6% (+$3.69), closed at $52.34, a 67-day high, rose 20.8% (+$9.01) for the week.
360miq.com/stockinfo?code=SHOP.TO

● Algonquin Power & Utilities Corp (AQN) largely retreated -19.3% (-$2.95), closed at $12.34, hit a YTD low, fell -17.1% (-$2.55) for the week, fell 2 weeks in a row, crossed below MA20 ($14.62). The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=AQN.TO

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

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