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TSX Market Update 2023-05-25

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SP/TSX fell -0.8% (-154 pts), closed at 19774 points, fell 3 days in a row, a 39-day low, crossed below MA200 (19898 pts).

Among the 150 largest-cap stocks, 44 (29%) closed higher. Only 30% of all TSX stocks ended higher.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -1.8% to 0.4%. 6 sectors outperformed the market. The market was down -0.8%; Consumer Cyclical, Industrials were up 0.4%, but already the best performers; Energy was down -1.8%, the worst performer.

● Restaurant Brands International Limited Partnership (QSP-UN) rebounded 2.2% (+$2.14), closed at $98.79. The best performer with a significant decrease in volume.
360miq.com/stockinfo?code=QSP-UN.TO

● Ovintiv (OVV) plunged -4.8% (-$2.37) after a 5-day winning streak, closed at $46.93, crossed below MA50 ($48.33). The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=OVV.TO

● Canadian Imperial Bank Of Commerce (CM) rebounded 2% (+$1.14), closed at $56.78, crossed above MA20 and MA50 ($56.01, $56.58).
360miq.com/stockinfo?code=CM.TO

● Toronto-Dominion Bank (TD) largely fell -4.2% (-$3.4), closed at $77.78, the worst % loss in more than 35 months, also a 41-day low, crossed below MA50 ($80.75).
360miq.com/stockinfo?code=TD.TO

● Whitecap Resources (WCP) largely fell -4.1% (-$0.41), closed at $9.64, a 45-day low, crossed below MA200 ($10.02).
360miq.com/stockinfo?code=WCP.TO

● Kinross Gold (K) largely fell -4.1% (-$0.27), closed at $6.37, fell 3 days in a row, the worst % loss in 3 months, also a 36-day low.
360miq.com/stockinfo?code=K.TO

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

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