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TSX Market Update 2022-08-17

360MiQ 0

SP/TSX fell -0.4% (-88.6 pts) after a 5-day winning streak, closed at 20181 points.

Among the 150 largest-cap stocks, 44 (29%) closed higher. Only 26% of all TSX stocks ended higher, the least for 2 months.

In terms of sectors, 3 sectors closed up, 8 sectors closed down, 1 sector remained unchanged, ranging from -2.8% to 0.4%. 6 sectors outperformed the market. The market was down -0.5%; Consumer Defensive, Energy were up 0.4%, but already the best performers, reflecting a decreasing risk appetite; Technology was down -2.8%, the worst performer.

● Canopy Growth (WEED) largely rebounded 7.8% (+$0.38), closed at $5.23, a 48-day high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=WEED.TO

● Lightspeed Commerce (LSPD) plunged -7.3% (-$2.11), closed at $26.81, fell 5 days in a row, crossed below MA20 and MA50 ($27.89, $28.08). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=LSPD.TO

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

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