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TSX Market Update 2022-02-28

360MiQ 0

SP/TSX slightly rose 0.1% (+20.4 pts), closed at 21126 points, rose 3 days in a row, rose 0.1% (+28 pts) for the month, is testing MA50 (21104 pts).

Among the 150 largest-cap stocks, 73 (49%) closed higher. 46% of all TSX stocks ended higher.

In terms of sectors, 5 sectors closed up, 6 sectors closed down, 1 sector remained unchanged, ranging from -1.8% to 2.6%. 4 sectors outperformed the market. The market was up 0.2%; Energy was up 2.6%, the best performer; Consumer Cyclical was down -1.8%, the worst performer.

● Ballard Power Systems (BLDP) jumped 16.5% (+$2.05), closed at $14.5, rose 3 days in a row, the best % gain in more than 13 months, also a 34-day high, rose 9.4% (+$1.24) for the month, crossed above MA50 ($13.65). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=BLDP.TO

● Ivanhoe Mines (IVN) spiked 8.8% (+$1.04), closed at $12.9, the best % gain in nearly 14 months, also hit a record high, rose 18.5% (+$2.01) for the month.
360miq.com/stockinfo?code=IVN.TO

● Kinross Gold (K) largely retreated -10.1% (-$0.71), closed at $6.32, the worst % loss in more than 2 months, also hit a YTD low, fell -8% (-$0.55) for the month. The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=K.TO

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

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