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TSX Market Update 2023-02-28

360MiQ 0

SP/TSX slightly fell -0.2% (-38.8 pts), closed at 20221 points, fell -2.6% (-546 pts) for the month, is testing MA50 (20192 pts).

Among the 150 largest-cap stocks, 76 (51%) closed higher. 54% of all TSX stocks ended higher.

In terms of sectors, 2 sectors closed up, 6 sectors closed down, 4 sectors remained unchanged, ranging from -1.2% to 1.5%. 6 sectors outperformed the market. The market was down -0.1%; Basic Materials was up 1.5%, the best performer; Energy was down -1.2%, the worst performer.

● Parkland (PKI) largely fell -2.9% (-$0.88) after a 4-day winning streak, closed at $29.84, the worst % loss in nearly 4 months, fell -4.5% (-$1.42) for the month, crossed below MA20 and MA50 ($30.44, $30.41). The largest increase in volume today.
360miq.com/stockinfo?code=PKI.TO

● First Quantum Minerals (FM) jumped 6.8% (+$1.89), closed at $29.81, fell -3.4% (-$1.06) for the month, crossed above MA50 ($28.6). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=FM.TO

● Ovintiv (OVV) plummeted -6.4% (-$3.98) after a 4-day winning streak, closed at $58.35, fell -10.8% (-$7.06) for the month. The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=OVV.TO

● Bank of Nova Scotia (BNS) plunged -5.7% (-$4.09), closed at $67.44, the worst % loss in 35 months, also a 34-day low, fell -6.4% (-$4.59) for the month, crossed below MA50 and MA200 ($69.44, $70.94).
360miq.com/stockinfo?code=BNS.TO

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

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