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TSX Market Update 2022-12-16

360MiQ 0

SP/TSX fell -0.8% (-158 pts), closed at 19443 points, fell 3 days in a row, a 26-day low, fell -2.5% (-504 pts) for the week, fell 2 weeks in a row, crossed below MA50 (19583 pts).

Among the 150 largest-cap stocks, 52 (35%) closed higher. Only 31% of all TSX stocks ended higher.

In terms of sectors, 3 sectors closed up, 9 sectors closed down, ranging from -2.2% to 0.9%. 4 sectors outperformed the market, the market internal was more negative. The market was down -0.6%; Technology was up 0.9%, the best performer; Energy was down -2.2%, the worst performer.

● Maxar Technologies (MAXR) largely rebounded 125.2% (+$39.47) after a 3-day losing streak, closed at $71, hit a YTD high, rose 117.6% (+$38.37) for the week, crossed above MA20 and MA200 ($34.7, $35.65). The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=MAXR.TO

● Bausch Health Companies (BHC) tanked -7.6% (-$0.8), closed at $9.74, fell -6.5% (-$0.68) for the week, fell 2 weeks in a row, crossed below MA20 ($9.87). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=BHC.TO

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

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