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TSX Market Update 2022-03-04

360MiQ 0

SP/TSX rose 0.7% (+152 pts), closed at 21402 points, rose 1.4% (+296 pts) for the week, rose 2 weeks in a row.

Among the 150 largest-cap stocks, 89 (59%) closed higher. Despite SP/TSX rising 0.7%, only 43% of all TSX stocks follow suit.

In terms of sectors, 7 sectors closed up, 5 sectors closed down, ranging from -4.1% to 3%. 6 sectors outperformed the market. The market was up 0.8%; Basic Materials was up 3%, the best performer; Technology was down -4.1%, the worst performer.

● Teck Resources (TECK-A) largely rose 2.7% (+$1.45), closed at $54.41, rose 4 days in a row, hit a record high, rose 12.5% (+$6.06) for the week after a 2-week losing streak. The largest increase in volume today.
360miq.com/stockinfo?code=TECK-A.TO

● Agnico Eagle Mines (AEM) soared 7.4% (+$4.93), closed at $71.89, hit a YTD high, rose 9.2% (+$6.06) for the week, crossed above MA200 ($70.57). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=AEM.TO

● Canadian Pacific Railway (CP) surged 5.2% (+$4.93), closed at $98.97, rose 3 days in a row, the best % gain in more than 23 months, also hit a record high, rose 10% (+$8.96) for the week.
360miq.com/stockinfo?code=CP.TO

● Lightspeed Commerce (LSPD) tumbled -8.3% (-$2.57), closed at $28.58, hit a YTD low, fell -14.7% (-$4.92) for the week, fell 4 weeks in a row. The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=LSPD.TO

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

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