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TSX Market Update 2023-02-22

360MiQ 0

SP/TSX slightly fell -0.3% (-59.7 pts), closed at 20193 points, fell 4 days in a row, a 28-day low, is testing MA50 (20172 pts).

Among the 150 largest-cap stocks, 57 (38%) closed higher. 34% of all TSX stocks ended higher.

In terms of sectors, 3 sectors closed up, 6 sectors closed down, 3 sectors remained unchanged, ranging from -1.1% to 1.6%. 6 sectors outperformed the market. The market was down -0.3%; Consumer Cyclical was up 1.6%, the best performer; Healthcare, Basic Materials were down -1.1%, the worst performers.

● Teck Resources (TECK-A) largely retreated -4.4% (-$4.07), closed at $87.93, the worst % loss in nearly 4 months. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=TECK-A.TO

● Gildan Activewear (GIL) largely rebounded 5.8% (+$2.24), closed at $41, the best % gain in more than 15 months, crossed above MA20, MA50 and MA200 ($40.23, $39.47, $38.97). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=GIL.TO

● GFL Environmental (GFL) largely rebounded 5.6% (+$2.26) after a 3-day losing streak, closed at $42.65, the best % gain in more than 10 months, crossed above MA20 and MA50 ($41.99, $40.82). The largest increase in volume.
360miq.com/stockinfo?code=GFL.TO

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

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