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TSX Market Update 2023-06-07

360MiQ 0

SP/TSX fell -0.4% (-72.3 pts), closed at 19984 points.

Among the 150 largest-cap stocks, 64 (43%) closed higher. 44% of all TSX stocks ended higher.

In terms of sectors, 4 sectors closed up, 7 sectors closed down, 1 sector remained unchanged, ranging from -4% to 1%. 7 sectors outperformed the market. The market was down -0.4%; Energy was up 1%, the best performer; Technology was down -4%, the worst performer.

● Ovintiv (OVV) surged 4.4% (+$2.17), closed at $51.01, rose 5 days in a row, a 30-day high. The best performer but with average volume.
360miq.com/stockinfo?code=OVV.TO

● Canadian Tire (CTC) plummeted -8.2% (-$25.59), closed at $288.08, the worst % loss in 6 months, also a 39-day low, crossed below MA50 and MA200 ($310.01, $305.65). The worst performer with a significant decrease in volume.
360miq.com/stockinfo?code=CTC.TO

● TELUS International (Cda) (TIXT) fell -1.8% (-$0.4) after a 3-day winning streak, closed at $21.34. The largest increase in volume.
360miq.com/stockinfo?code=TIXT.TO

● Canadian Pacific Kansas City (CP) largely rebounded 3% (+$3.1), closed at $105.91, the best % gain in nearly 3 months, crossed above MA200 ($103.2).
360miq.com/stockinfo?code=CP.TO

● Shopify (SHOP) largely retreated -6.7% (-$5.68) after a 4-day winning streak, closed at $79.67, the worst % loss in more than 3 months, crossed below MA20 ($81.02).
360miq.com/stockinfo?code=SHOP.TO

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

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