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TSX Market Update 2022-03-17

360MiQ 0

SP/TSX rose 1.4% (+302 pts), closed at 21771 points, rose 3 days in a row, hit a record high.

Among the 150 largest-cap stocks, 134 (89%) closed higher. 81% of all TSX stocks ended higher, the most in more than 16 months, good for the market.

In terms of sectors, all sectors were up with gains from 0.1% to 3.2%. 5 sectors outperformed the market. The market was up 1.5%; Technology was up 3.2%, the best performer, reflecting an increasing risk appetite; Communication was up 0.1%, but already the worst performer.

● Lightspeed Commerce (LSPD) surged 15.8% (+$4.78), closed at $34.94, rose 3 days in a row, the best % gain in more than 16 months, crossed above MA20 ($30.86). The best performer with a significant increase in volume.
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