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TSX Market Update 2022-12-05

360MiQ 0

SP/TSX fell -1.2% (-244 pts), closed at 20242 points.

Among the 150 largest-cap stocks, 31 (21%) closed higher. Only 25% of all TSX stocks ended higher.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -3.2% to 0.7%. 8 sectors outperformed the market. The market was down -1.3%; Utilities was up 0.7%, the best performer, reflecting a more conservative market sentiment; Technology was down -3.2%, the worst performer.

● Ceridian HCM (CDAY) plummeted -6.4% (-$6.03), closed at $87.82, the worst % loss in more than 5 months, crossed below MA20 ($88.15). The worst performer but with average volume.
360miq.com/stockinfo?code=CDAY.TO

● Great-West Lifeco (GWO) retreated -1.5% (-$0.47), closed at $31.46, crossed below MA20 ($31.52). The largest increase in volume.
360miq.com/stockinfo?code=GWO.TO

● AltaGas (ALA) soared 4.6% (+$1.04), closed at $23.86, the best % gain in more than 1 month, also a 24-day high, crossed above MA20 ($22.85). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=ALA.TO

● Ovintiv (OVV) largely retreated -6.4% (-$4.75), closed at $70, crossed below MA20 and MA50 ($73.44, $70.79).
360miq.com/stockinfo?code=OVV.TO

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

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