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TSX Market Update 2022-03-02

360MiQ 0

SP/TSX rose 1.2% (+251 pts), closed at 21256 points, crossed above MA20 and MA50 (21218 pts, 21119 pts).

Among the 150 largest-cap stocks, 106 (71%) closed higher. 61% of all TSX stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.7% to 2.6%. 6 sectors outperformed the market. The market was up 1.1%; Industrials was up 2.6%, the best performer; Technology was down -0.7%, the worst performer.

● Element Fleet Management Corp (EFN) largely rebounded 6.1% (+$0.73), closed at $12.67, the best % gain in more than 16 months, crossed above MA20 ($12.6). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=EFN.TO

● Kinaxis (KXS) soared 5.6% (+$8.05), closed at $152.03, the best % gain in 1 month.
360miq.com/stockinfo?code=KXS.TO

● Canfor (CFP) plummeted -4.3% (-$1.23), closed at $27.62, the worst % loss in more than 1 month, also hit a YTD low, crossed below MA200 ($27.95). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=CFP.TO

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

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