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TSX Market Update 2022-05-04

360MiQ 0

SP/TSX rose 1.3% (+280 pts), closed at 21185 points, crossed above MA200 (21021 pts).

Among the 150 largest-cap stocks, 132 (88%) closed higher. 75% of all TSX stocks ended higher, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.5% to 2.3%. 4 sectors outperformed the market. The market was up 1.3%; Energy was up 2.3%, the best performer; Consumer Cyclical was down -0.5%, the worst performer.

● Restaurant Brands International Limited Partnership (QSP-UN) plunged -6.4% (-$4.56), closed at $67.1, fell 3 days in a row, the worst % loss in more than 23 months, also hit a YTD low. The worst performer but with average volume.
360miq.com/stockinfo?code=QSP-UN.TO

● Paramount Resources (POU) soared 12% (+$3.84), closed at $35.83, the best % gain in more than 10 months, also hit a YTD high. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=POU.TO

● Canopy Growth (WEED) spiked 10.2% (+$0.79), closed at $8.57, the best % gain in more than 1 month, crossed above MA20 and MA50 ($7.82, $8.45).
360miq.com/stockinfo?code=WEED.TO

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

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