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TSX Market Update 2022-03-16

360MiQ 0

SP/TSX rose 1.3% (+281 pts), closed at 21469 points, crossed above MA20 (21202 pts).

Among the 150 largest-cap stocks, 113 (75%) closed higher. 76% of all TSX stocks ended higher, good for the market.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.6% to 6.9%. 6 sectors outperformed the market. The market was up 1.3%; Technology spiked 6.9%, the best performer, reflecting an increasing risk appetite; Basic Materials was down -0.6%, the worst performer.

● Shopify (SHOP) spiked 11.6% (+$82.18), closed at $789.19, crossed above MA20 ($788.22). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=SHOP.TO

● Nuvei (NVEI) soared 10.1% (+$7.4), closed at $80.49, crossed above MA50 ($74.45).
360miq.com/stockinfo?code=NVEI.TO

● Nutrien (NTR) tumbled -4.3% (-$5.33), closed at $119.1, fell 4 days in a row, the worst % loss in more than 4 months. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=NTR.TO

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

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