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TSX Market Update 2022-06-24

360MiQ 0

SP/TSX largely rebounded 1.8% (+346 pts), closed at 19063 points, the best % gain in more than 1 month, rose 0.7% (+132 pts) for the week after a 2-week losing streak.

Among the 150 largest-cap stocks, 142 (95%) closed higher. 83% of all TSX stocks ended higher, the most in 2 years, good for the market.

In terms of sectors, all sectors were up with gains from 0.9% to 4.4%. 6 sectors outperformed the market. The market was up 2%; Healthcare was up 4.4%, the best performer; Financial was up 0.9%, but already the worst performer.

● Bausch Health Companies (BHC) surged 19.4% (+$1.83), closed at $11.28, the best % gain in more than 61 months, rose 17.7% (+$1.7) for the week after a 10-week losing streak, crossed above MA20 ($10.67). The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=BHC.TO

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

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