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TSX Market Update 2023-03-13

360MiQ 0

SP/TSX fell -0.9% (-186 pts), closed at 19589 points, fell 3 days in a row, a 45-day low, crossed below MA200 (19716 pts).

Among the 150 largest-cap stocks, 64 (43%) closed higher. 34% of all TSX stocks ended higher.

In terms of sectors, 4 sectors closed up, 7 sectors closed down, 1 sector remained unchanged, ranging from -2.9% to 2.9%. 6 sectors outperformed the market. The market was down -0.8%; Basic Materials was up 2.9%, the best performer; Energy was down -2.9%, the worst performer.

● Bausch + Lomb (BLCO) fell -2% (-$0.43), closed at $21.53, fell 4 days in a row, hit a YTD low. The largest increase in volume.
360miq.com/stockinfo?code=BLCO.TO

● Kinross Gold (K) spiked 7.4% (+$0.36), closed at $5.2, the best % gain in 4 months, crossed above MA20 and MA200 ($5.07, $5.13). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=K.TO

● Pan American Silver Corp (PAAS) surged 7.3% (+$1.57), closed at $23.08, rose 3 days in a row, the best % gain in more than 9 months, also a 25-day high, crossed above MA50 and MA200 ($22.98, $22.99).
360miq.com/stockinfo?code=PAAS.TO

● MEG Energy Corp (MEG) sank -6.8% (-$1.51), closed at $20.72, fell 3 days in a row, the worst % loss in more than 5 months, also a 30-day low, crossed below MA50 ($21.03). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=MEG.TO

● Cenovus Energy (CVE) tumbled -6.6% (-$1.67), closed at $23.71, the worst % loss in 5 months, also hit a YTD low, crossed below MA200 ($25.05).
360miq.com/stockinfo?code=CVE.TO

● Enerplus (ERF) tanked -5.8% (-$1.24), closed at $20.17, fell 3 days in a row, the worst % loss in more than 2 months, also hit a YTD low, crossed below MA200 ($21.03).
360miq.com/stockinfo?code=ERF.TO

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

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