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TSX Market Update 2023-05-23

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SP/TSX fell -1% (-205 pts) after a 3-day winning streak, closed at 20146 points, a 34-day low, crossed below MA50 (20203 pts).

Among the 150 largest-cap stocks, 51 (34%) closed higher. 35% of all TSX stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -2.8% to 0.8%. 5 sectors outperformed the market, the market internal was more negative. The market was down -0.9%; Energy was up 0.8%, the best performer; Technology was down -2.8%, the worst performer.

● Cameco (CCO) largely rebounded 5.1% (+$1.87), closed at $38.24, the best % gain in more than 4 months, crossed above MA20 ($36.93). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=CCO.TO

● Teck Resources (TECK-A) tanked -42.4% (-$40.47), closed at $54.9, an 85-day low, crossed below MA50 and MA200 ($91.13, $61.55). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=TECK-A.TO

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

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