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TSX Market Update 2023-03-08

360MiQ 0

SP/TSX slightly rebounded 0.3% (+70.5 pts), closed at 20347 points, crossed above MA50 (20309 pts).

Among the 150 largest-cap stocks, 88 (59%) closed higher. 54% of all TSX stocks ended higher.

In terms of sectors, 9 sectors closed up, the market internal was more positive, 3 sectors closed down, ranging from -0.9% to 2.3%. 3 sectors outperformed the market. The market was up 0.3%; Technology was up 2.3%, the best performer, reflecting an increasing risk appetite; Healthcare was down -0.9%, the worst performer.

● Lundin Gold (LUG) largely fell -2.9% (-$0.41), closed at $13.92, fell 3 days in a row, crossed below MA20 and MA50 ($13.94, $14.35). The worst performer but with average volume.
360miq.com/stockinfo?code=LUG.TO

● Stella-Jones (SJ) jumped 4.3% (+$2.23), closed at $53.98, the best % gain in nearly 4 months, also hit a record high. The largest increase in volume.
360miq.com/stockinfo?code=SJ.TO

● Nuvei (NVEI) jumped 11.8% (+$5.29), closed at $50.29, the best % gain in nearly 4 months, also hit a YTD high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=NVEI.TO

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

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