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TSX Market Update 2023-05-15

360MiQ 0

SP/TSX rose 0.6% (+120 pts), closed at 20540 points, crossed above MA20 (20527 pts).

Among the 150 largest-cap stocks, 97 (65%) closed higher. 59% of all TSX stocks ended higher.

In terms of sectors, 8 sectors closed up, 2 sectors closed down, 2 sectors remained unchanged, ranging from -0.8% to 1.2%. 4 sectors outperformed the market. The market was up 0.6%; Basic Materials was up 1.2%, the best performer; Consumer Defensive was down -0.8%, the worst performer.

● Nuvei (NVEI) fell -2.5% (-$1.18), closed at $45.82, a 47-day low. The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=NVEI.TO

● TransAlta Renewables (RNW) largely rebounded 5.7% (+$0.68) after a 3-day losing streak, closed at $12.67, the best % gain in more than 28 months, crossed above MA20 and MA50 ($12.47, $12.22). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=RNW.TO

● Premium Brands Holdings (PBH) fell -2.5% (-$2.45), closed at $97.1, fell 3 days in a row, the worst % loss in 2 months, also a 32-day low, crossed below MA50 ($98.5).
360miq.com/stockinfo?code=PBH.TO

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

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