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TSX Market Update 2022-05-06

360MiQ 0

SP/TSX slightly fell -0.3% (-62.7 pts), closed at 20633 points, a 68-day low, fell -0.6% (-129 pts) for the week, fell 6 weeks in a row.

Among the 150 largest-cap stocks, 56 (37%) closed higher. Only 28% of all TSX stocks ended higher.

In terms of sectors, 3 sectors closed up, 9 sectors closed down, ranging from -3% to 1%. 4 sectors outperformed the market, the market internal was more negative. The market was down -0.3%; Communication was up 1%, the best performer; Technology was down -3%, the worst performer.

● Kinaxis (KXS) largely rebounded 7.1% (+$9.18) after a 5-day losing streak, closed at $138.39, the best % gain in nearly 2 months, fell -2.7% (-$3.77) for the week. The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=KXS.TO

● Shopify (SHOP) sank -8.2% (-$43.56), closed at $486.07, hit a YTD low, fell -11.5% (-$63.46) for the week, fell 5 weeks in a row. The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=SHOP.TO

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

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