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TSX Market Update 2022-08-11

360MiQ 0

SP/TSX rose 0.5% (+106 pts), closed at 19992 points, a 41-day high.

Among the 150 largest-cap stocks, 83 (55%) closed higher. 60% of all TSX stocks ended higher.

In terms of sectors, 7 sectors closed up, 4 sectors closed down, 1 sector remained unchanged, ranging from -1% to 2.9%. 3 sectors outperformed the market. The market was up 0.6%; Energy was up 2.9%, the best performer; Basic Materials was down -1%, the worst performer.

● Linamar (LNR) surged 10.6% (+$6.39), closed at $66.58, the best % gain in nearly 17 months, also a 114-day high, crossed above MA200 ($62.34). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=LNR.TO

● Element Fleet Management Corp (EFN) spiked 10.3% (+$1.56), closed at $16.71, the best % gain in 3 months, also hit a YTD high. The largest increase in volume.
360miq.com/stockinfo?code=EFN.TO

● Pan American Silver Corp (PAAS) plummeted -15.8% (-$4.27) after a 3-day winning streak, closed at $22.73, the worst % loss in more than 28 months, also hit a YTD low, crossed below MA20 and MA50 ($24.97, $26.19). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=PAAS.TO

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

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