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TSX Market Update 2022-02-18

360MiQ 0

SP/TSX fell -0.8% (-168 pts), closed at 21008 points, fell 3 days in a row, fell -2.5% (-541 pts) for the week after a 3-week winning streak, crossed below MA20 and MA50 (21146 pts, 21096 pts).

Among the 150 largest-cap stocks, 24 (16%) closed higher. Only 30% of all TSX stocks ended higher.

In terms of sectors, 11 sectors closed down, 1 sector remained unchanged, ranging from -2.7% to 0%. 6 sectors outperformed the market. The market was down -0.8%; Communication remained unchanged, but already the best performer; Healthcare was down -2.7%, the worst performer.

● Air Canada (AC) largely rebounded 3.1% (+$0.77), closed at $25.4, rose 3.7% (+$0.9) for the week, rose 3 weeks in a row. The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=AC.TO

● Ritchie Bros. Auctioneers Incorporated (RBA) tanked -10.2% (-$7.45), closed at $65.43, fell 3 days in a row, the worst % loss in 23 months, also hit a YTD low, fell -10.6% (-$7.77) for the week, fell 2 weeks in a row. The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=RBA.TO

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

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