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TSX Market Update 2023-09-19

360MiQ 0

SP/TSX fell -1.3% (-274 pts), closed at 20219 points, the worst % loss in 1 month, crossed below MA50 (20231 pts).

Among the 150 largest-cap stocks, 10 (7%) closed higher. Only 21% of all TSX stocks ended higher, the least for 1 month.

In terms of sectors, all sectors were down with losses from -0.8% to -3%. 3 sectors outperformed the market. The market was down -1.3%; Financial was down -0.8%, but already the best performer; Healthcare was down -3%, the worst performer.

● Methanex (MX) largely rebounded 5% (+$2.77), closed at $58.33, the best % gain in nearly 2 months, crossed above MA20, MA50 and MA200 ($56.45, $57.03, $58.21). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=MX.TO

● Bausch Health Companies (BHC) tanked -8.1% (-$0.92), closed at $10.38, fell 3 days in a row, the worst % loss in more than 3 months, also a 50-day low, crossed below MA200 ($10.64). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=BHC.TO

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

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